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British pound drops to an all-time low against the US dollar | The World

ABC News (Australia)
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The British pound has fallen to its lowest ever level against the US dollar following the announcement of a round of tax cuts by the new chancellor. Professor Tim Bale from Queen Mary University of London tells The World the UK government "is going to have to borrow an awful lot of money" to make its forecasts a reality. Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia ...more
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British pound drops to an all-time low against the US dollar | The World
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24,853Views
2022Sep 27
The British pound has fallen to its lowest ever level against the US dollar following the announcement of a round of tax cuts by the new chancellor. Professor Tim Bale from Queen Mary University of London tells The World the UK government "is going to have to borrow an awful lot of money" to make its forecasts a reality. Subscribe: http://ab.co/1svxLVE ABC News provides around the clock coverage of news events as they break in Australia and abroad, including the latest coronavirus pandemic updates. It's news when you want it, from Australia's most trusted news organisation. For more from ABC News, click here: https://ab.co/2kxYCZY Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 Go deeper on our ABC News In-depth channel: https://ab.co/2lNeBn2 Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNews #ABCNewsAustralia

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ABC News (Australia)

2.3M subscribers