Britain’s almost-Lehman moment
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In today’s newsletter:
The UK’s wild week
Wall Street pays for texting transgressions
Britishvolt’s batteries run low
Margin call: Kwarteng’s rough third week
At the height of the financial crisis that preceded the one he has just created, Kwasi Kwarteng taunted his political opponents with an axiom of finance that — even now — he may not fully understand.
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This story originally appeared on: Financial Times - Author:Francesca Friday