#BREAKING Pound falls more than 1% against dollar after BoE move
#UPDATE The British pound falls by more than 1% against the dollar after the Bank of England intervened on the bond markets to head off a fresh financial catastrophe.
Sterling slid as low as $1.0763 in early morning London deals
#BREAKING UK PM Truss defends 'controversial' tax cuts despite market turmoil
UK Prime Minister Liz #Truss defended her tax cuts policy today, despite it triggering market turmoil and forcing a Bank of England intervention to prevent "material risk" to the economy.
u.afp.com/ioVU
#BREAKING Pound rebounds 1% against dollar after Bank of England action
#UPDATE The pound rebounded by one percent against the dollar on Thursday to $1.0999 after the Bank of England bought UK government bonds as markets feared for Britain's recession-threatened economy ▶️ u.afp.com/ioFf
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