Birdwatch Note Rating
2025-01-10 09:00:27 UTC - HELPFUL
Rated by Participant: AE036CB041BE307504438EBF476592BF66DB6C243A80F16A9CAE8C33FA40A1B5
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 By 29 September, 40% of mortgage products had been withdrawn from the UK market.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