While families face a brutal cost-of-living crisis, the UK Tory government’s ‘mini budget’ was a big handout for the very richest. One of the most striking immediate results was the pound falling to a record low against the dollar. With the pound at a record low due to the UK government’s actions, it means filling up your tank at petrol stations will get more expensive. Pound plunges to all-time low against the dollar – at one point hitting $1.03 – after mini-budget rocks markets. And while other countries similar to Scotland’s size have fairer, wealthier and happier societies than the UK, Westminster control is holding Scotland back.

Source: The Guardian September 26, 2022 20:52 UTC