Pound and markets react positively after UK governemnt U-turn on 45p tax rate
epa10221122 London's financial heart, the City of London in London, Britain, 03 October 2022. The British Pound Sterling and markets have reacted positively after the UK government announced a U-turn on abolishing the 45p tax rate. The pound rose to 1.13 against the dollar gaining ground lost from last weeks mini budget. EPA/ANDY RAIN