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Home > The Journal. > The U.K. Tried to Stimulate Growth. It Got Backlash Instead.
Podcast: The Journal.
Episode:

The U.K. Tried to Stimulate Growth. It Got Backlash Instead.
Category: News & Politics
Duration: 00:19:00
Publish Date: 2022-10-06 20:33:00
Description:

The U.K. government has U-turned on one part of a plan to make major tax cuts after markets reacted violently to it. WSJ's Max Colchester explains why the government's attempt to boost growth did the opposite.


Further Reading:

- U.K. Markets Turmoil Puts Spotlight on New Chancellor Kwasi Kwarteng 

- U.K.’s Central Banker Struggles With Inflation, a Financial Crisis and His Own Government 


Further Listening:

- The U.K.'s New Prime Minister Faces an Economic Crisis 

- The Pros and Cons of a Strong U.S. Dollar 


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