Birdwatch Note Rating
2025-01-09 18:34:08 UTC - HELPFUL
Rated by Participant: C20C1F455F5E8A179E7750326921016A7CE39AB5FEDA5EC6B8BB6CCE364954AC
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 By 29 September, 40% of mortgage products had been withdrawn from the UK market.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