Ray Dalio says the U.K.’s policies ‘suggest incompetence’ and warns other governments not to make the same mistakes
Ray Dalio added his name to a growing list of critics of the U.K.’s new spending plan, unveiled last week by Prime Minister Liz Truss and Chancellor of the Exchequer Kwasi Kwarteng.
Heed the lesson of the UK’s fiscal blunder,” Dalio wrote in a Tuesday tweet.
“Investors and policymakers
Deutsche Bank, UK Office of Debt Management.
Monthly mortgage rates will increase immediately for 2 million people on tracker or variable interest rate plans if the BoE follows through with its next rate hike.