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DAILY MAIL COMMENT: There’s every reason to believe in bold agenda


DAILY MAIL COMMENT: There’s every reason to believe in bold agenda

In the ever-febrile Asian financial markets, the pound took a painful early battering yesterday, losing some four cents against a muscular dollar.

By lunchtime the storm had abated and sterling was roughly back where it started – though it had weakened again slightly by close of business in London.

To those who desperately want to see Kwasi Kwarteng’s bold agenda for growth fail, the initial plunge represented a massive vote of no confidence by global investors.

In truth, however, the equally rapid rebound suggested yesterday’s early market volatility owed more to speculators trying to make a fast buck than any genuine verdict on the British economy.

Some desperately want to see Kwasi Kwarteng's bold agenda for growth fail

Some desperately want to see Kwasi…



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Written by Bourbiza Mohamed

A technology enthusiast and a passionate writer in the field of information technology, cyber security, and blockchain

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