Damien

The currency drop has stopped. Stabilised now although still down from where it was Friday.

Sunak must be feeling a little bit vindicated given how much he warned that the markets would react badly. He also warned it would push interest rates much higher which has happened yet but is predicted to do so.

The economy isn't going to get good growth if people's mortgages shoot up even further no matter how much tax cuts you get people above 150k. Most people are below that and their income will drop even further.