‘Out of control’: what the papers said about government handling of UK’s sterling crisis - The Guardian

1. ‘Out of control’: what the papers said about government handling of UK’s sterling crisis  The Guardian
2. Pound sterling: Bank of England says it won't hesitate to raise interest rates  BBC
3. Bank of England forced to intervene after pound plummets  Sky News
4. The Bank needs to act fast to regain its credibility  The Telegraph
5. Pound crashes to all-time low as UK chancellor hints at more tax cuts  Channel 4 News
6. View Full coverage on Google News

Turmoil in financial markets which saw the pound fall to a record low against the dollar dominates today’s front pages.

The currency tumbled as investors lost confidence in the UK’s public finances after last Friday’s mini-budget.

The Guardian leads with “Sterling crisis deepens as Truss’s strategy unravels,” reporting that the government was struggling to prevent a full-scale loss of financial market confidence in its economic strategy.

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