Global markets calmer as crisis fears over the UK mini-budget ease

Equities fell again last week after the UK’s mini-budget 10 days ago sparked turmoil on the global markets.

The Pound fell to a record low against the US dollar, mortgage rates spiked and the Bank of England had to intervene with an emergency £65 billion measure to purchase long-dated UK government bonds and avert a meltdown in the bond market.

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