UK economy: September financial curse strikes again and beware of October economic horrors


Source: news.sky.com news.sky.com

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It is a month in which all market participants, whatever asset class they trade, know they have to be on their guard and if Liz Truss and Kwasi Kwarteng did not know this they certainly do now following a tumultuous week. UK economy: September financial curse strikes again - and beware of October economic horrors September has a deserved reputation for being a troublesome month in financial markets. It was, for example, the month in which Black Wednesday saw sterling ejected ignominiously from the Exchange Rate Mechanism in 1992 and the month in which Northern Rock collapsed in 2007. By...