Kwarteng says highest rate of income tax being abolished, and basic rate being cut to 19% from next April

[the other bob wilson]

Sludge

The primary reason the markets have reacted is that fiscal policy and monetary policy are at odds, and the OBR has yet to provide an updated forecast.

you'll be aware that as of this morning, almost all losses incurred in the past week have been recovered. Typical city boys playing fast and loose with politics to make a killing. This is not new.

The IMF rapping a Tory Government's financial approach and the Bank of England having to intervene to prevent a run on pension funds is though.