Pound drops to all time low against the dollar following UK Government tax cut announcement

Name: What is council tax and how it is calculated, according to Which
Uploaded: 2019-10-24T11:01:51.000Z
Duration: 51 s

Published 26th Sep 2022, 08:28 BST

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The drop in value comes following the ‘mini budget’ which was held on 23 September

The value of the pound has dropped to a record low against the dollar.

The drop comes as the markets react to the biggest tax cuts in the UK for decades.