[QUICKREADS]

Business
Swipe up for the next story
Liz Truss (right) looks across Rishi Sunak at the Queen Elizabeth II Centre in London. (AP file)

Rishi Sunak's August warning and British pound in crisis. What's the connection?

UK markets were on Monday in focus as the pound crashed to an all-time low and bond yields surged to the highest in more than a decade, sparking talk of emergency action by the Bank of England. While the UK markets tumbled, Rishi Sunak, former chancellor who lost out to Liz Truss in the race to become leader of the ruling Conservative party earlier this month, started trending on social media, including Twitter.

Story Saved
×
Saved Articles
Following
My Reads
My Offers
Sign out
New Delhi 0C
Tuesday, February 07, 2023
Start 15 Days Free Trial Subscribe Now
Register Free and get Exciting Deals