Jeremy Hunt, the new chancellor of the Exchequer, announced a sweeping reversal in an effort to steady the markets and reduce the pressure on Prime Minister Liz Truss.
Category: Hunt, Jeremy
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New U.K. Finance Minister Pulls Back Further on Fiscal Plan
The New York Times – Business: -
British Pound and Bond Prices Rise as New Chancellor Accelerates Tax Plans
The New York Times – Business:Jeremy Hunt, Britain’s new top finance official, said he would bring forward by two weeks measures to “support fiscal sustainability.”
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After Weeks of Turmoil, UK Markets Face Another Test on Monday
The New York Times – Business:Investors will get to weigh in after the Bank of England ended its bond market intervention and the bank’s governor offered conciliatory words over the weekend.
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Who Is Jeremy Hunt, New U.K. Chancellor?
The New York Times – Business:His selection for the post appeared intended to restore calm to financial markets.