The Treasury made a series of announcements in a bid to reassure financial markets, but government borrowing costs went up instead. GaryGibbonC4 explains.
The Treasury confirmed today that the Chancellor Kwasi Kwarteng will bring forward his next major economic statement to 31 October – Halloween. It was one of a series of government announcements that was supposed to settle nerves in the City after last week’s jittery party conference.
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