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The UK is facing an economic crisis – here's why it needs to find a global solution

By Muhammad Ali Nasir, Associate Professor in Economics, University of Leeds

Recent changes in the UK’s top job have had a positive effect on pound sterling and long-term sovereign bond yields. But the financial market reaction has been muted compared with the financial turmoil blamed on former prime minister Liz Truss and ex-chancellor Kwasi Kwarteng in recent weeks.

After the mini-budget…

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