Birdwatch Note Rating
2025-01-09 23:03:21 UTC - HELPFUL
Rated by Participant: 27005C91F2262A33F14511CD38A75AFFA57D1E072AEE7B9884B3445C52AA40AD
Participant Details
Original Note:
On 23 September 2022, following Truss's 'mini-budget', borrowing costs on 5-year government bonds experienced their largest increase in a single day on record as traders sold off UK assets. By 29 September, 40% of mortgage products had been withdrawn from the UK market. https://en.wikipedia.org/wiki/September_2022_United_Kingdom_mini-budget https://www.bbc.co.uk/news/business-66897881
All Note Details