Birdwatch Note Rating
2025-01-09 20:23:10 UTC - NOT_HELPFUL
Rated by Participant: F9B98626BB3E739EBEBA594DEAF8D63B73984D119C8A82F72959F5C2E2FF9D29
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 By 29 September, 40% of mortgage products had been withdrawn from the UK market.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
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