Does the tax U-turn mean interest rates won't rise to 6% as predicted?

The government has reversed some of its tax cuts, but have they gone far enough?

Bitcoin GBP (BTC-GBP)

CCC - CoinMarketCap. Currency in GBP

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17,599.04

+560.46

(+3.29%)

As of 11:14AM UTC. Market open.

Time period:

04 Oct 2021 - 04 Oct 2022

Show:

Historical prices

Frequency:

Daily

Currency in GBPDownload

Date	Open	High	Low	Close*	Adj. close**	Volume
04 Oct 2022	17,303.98	17,623.95	17,287.08	17,599.04	17,599.04	29,256,368,128
03 Oct 2022	17,101.95	17,351.37	17,109.65	17,307.19	17,307.19	26,886,281,535
02 Oct 2022	17,320.04	17,372.47	17,030.53	17,101.99	17,101.99	18,648,243,203
01 Oct 2022	17,391.91	17,462.92	17,247.61	17,320.26	17,320.26	16,788,823,274
30 Sept 2022	17,519.88	18,000.33	17,381.65	17,392.52	17,392.52	39,360,265,674
29 Sept 2022	17,936.62	18,123.19	17,278.35	17,519.54	17,519.54	36,732,358,392
28 Sept 2022	17,810.59	18,085.60	17,418.48	17,935.64	17,935.64	48,997,864,271
27 Sept 2022	17,853.30	18,856.72	17,695.15	17,816.11	17,816.11	54,604,161,728
26 Sept 2022	17,422.49	17,884.71	17,571.97	17,854.08	17,854.08	41,005,536,327
25 Sept 2022	17,439.17	17,621.90	17,305.34	17,420.82	17,420.82	21,643,849,562
24 Sept 2022	17,793.45	17,783.49	17,370.71	17,439.81	17,439.81	24,082,200,080
23 Sept 2022	17,235.88	17,327.12	16,985.15	17,794.04	17,794.04	35,865,451,235
22 Sept 2022	16,464.44	17,281.24	16,401.79	17,236.90	17,236.90	36,523,625,626
21 Sept 2022	16,599.34	17,374.82	16,226.14	16,475.77	16,475.77	41,185,236,370
20 Sept 2022	17,078.02	17,111.26	16,558.02	16,598.90	16,598.90	32,327,709,976
19 Sept 2022	16,982.72	17,171.84	16,142.36	17,076.74	17,076.74	35,104,776,573
18 Sept 2022	17,633.07	17,633.07	16,977.90	16,983.54	16,983.54	27,334,210,903
17 Sept 2022	17,326.24	17,663.99	17,326.24	17,633.37	17,633.37	21,864,721,132
16 Sept 2022	17,205.95	17,433.06	17,016.93	17,322.35	17,322.35	26,390,445,097
15 Sept 2022	17,534.24	17,630.38	17,081.03	17,203.51	17,203.51	31,775,649,014
14 Sept 2022	17,547.77	17,787.37	17,141.52	17,533.20	17,533.20	32,805,738,029
13 Sept 2022	19,138.18	19,339.34	17,456.23	17,645.27	17,645.27	44,416,879,693
12 Sept 2022	18,734.98	19,167.17	18,611.04	19,137.29	19,137.29	42,955,036,171
11 Sept 2022	18,697.63	18,735.32	18,463.38	18,734.21	18,734.21	29,684,839,675
10 Sept 2022	18,433.14	18,768.13	18,257.92	18,699.36	18,699.36	31,837,915,228
09 Sept 2022	16,777.62	18,487.03	16,763.09	18,436.80	18,436.80	41,794,886,385
08 Sept 2022	16,745.35	16,877.41	16,635.96	16,779.09	16,779.09	27,946,126,747
07 Sept 2022	16,365.71	16,852.37	16,253.63	16,745.68	16,745.68	30,591,175,051
06 Sept 2022	17,135.34	17,397.38	16,321.28	16,365.69	16,365.69	37,708,291,778
05 Sept 2022	17,422.75	17,440.33	17,115.93	17,130.71	17,130.71	24,913,471,771
04 Sept 2022	17,223.91	17,426.11	17,053.99	17,420.94	17,420.94	22,004,949,408
03 Sept 2022	17,343.10	17,401.54	17,107.43	17,223.57	17,223.57	20,507,226,799
02 Sept 2022	17,429.66	17,620.67	17,214.97	17,343.15	17,343.15	25,293,319,349
01 Sept 2022	17,289.34	17,428.04	17,029.87	17,430.59	17,430.59	26,138,363,223
31 Aug 2022	16,983.39	17,481.49	16,983.39	17,288.71	17,288.71	28,649,786,053
30 Aug 2022	17,317.27	17,536.76	16,838.10	16,981.01	16,981.01	29,578,619,533
29 Aug 2022	16,779.43	17,380.67	16,762.41	17,316.75	17,316.75	27,844,201,898
28 Aug 2022	17,056.92	17,140.35	16,780.85	16,780.85	16,780.85	20,844,149,517
27 Aug 2022	17,271.13	17,337.87	16,928.82	17,057.52	17,057.52	25,632,348,712
26 Aug 2022	18,266.14	18,377.09	17,215.80	17,269.03	17,269.03	36,078,085,620
25 Aug 2022	18,146.58	18,410.37	18,098.24	18,270.22	18,270.22	26,244,305,429
24 Aug 2022	18,196.42	18,466.80	17,954.46	18,146.21	18,146.21	27,108,817,156
23 Aug 2022	18,189.67	18,239.59	17,846.38	18,197.80	18,197.80	26,946,870,033
22 Aug 2022	18,201.47	18,201.47	17,752.76	18,187.85	18,187.85	26,914,718,954
21 Aug 2022	17,887.81	18,317.61	17,839.46	18,203.72	18,203.72	19,529,374,118
20 Aug 2022	17,646.01	18,048.78	17,631.11	17,892.60	17,892.60	23,327,834,906
19 Aug 2022	19,456.79	19,456.79	17,642.63	17,649.99	17,649.99	34,247,027,062
18 Aug 2022	19,377.15	19,557.13	19,420.91	19,456.31	19,456.31	19,904,631,902
17 Aug 2022	19,744.79	20,156.86	19,290.98	19,372.96	19,372.96	25,678,660,187
16 Aug 2022	20,011.16	20,117.97	19,611.75	19,746.42	19,746.42	22,946,414,248
15 Aug 2022	20,052.40	20,744.75	19,775.43	20,020.15	20,020.15	29,132,802,114
14 Aug 2022	20,119.89	20,569.46	19,936.40	20,053.24	20,053.24	18,960,502,647
13 Aug 2022	20,097.76	20,474.86	20,051.58	20,115.79	20,115.79	18,932,493,340
12 Aug 2022	19,645.34	20,106.31	19,493.63	20,098.28	20,098.28	22,456,253,070
11 Aug 2022	19,612.50	20,272.67	19,596.62	19,645.61	19,645.61	30,444,838,282
10 Aug 2022	19,188.01	19,758.59	18,870.28	19,611.92	19,611.92	26,892,214,708
09 Aug 2022	19,702.76	19,774.34	18,976.10	19,189.18	19,189.18	19,513,416,467
08 Aug 2022	19,218.45	19,975.28	19,219.69	19,701.11	19,701.11	23,644,777,433
07 Aug 2022	19,021.34	19,355.35	18,964.22	19,215.43	19,215.43	13,171,966,539
06 Aug 2022	19,292.96	19,322.07	19,019.49	19,019.49	19,019.49	13,235,256,032
05 Aug 2022	18,610.07	19,290.34	18,610.03	19,291.21	19,291.21	23,923,176,139
04 Aug 2022	18,823.57	19,074.87	18,480.28	18,613.46	18,613.46	20,660,836,340
03 Aug 2022	18,925.29	19,354.91	18,718.65	18,822.16	18,822.16	21,657,587,691
02 Aug 2022	19,019.52	19,179.99	18,591.75	18,922.66	18,922.66	23,378,775,080
01 Aug 2022	19,178.49	19,096.70	18,696.47	19,024.22	19,024.22	21,092,732,915
31 Jul 2022	19,426.75	19,812.43	19,124.04	19,178.63	19,178.63	19,356,718,678
30 Jul 2022	19,545.64	20,182.81	19,367.97	19,430.14	19,430.14	23,119,679,842
29 Jul 2022	19,588.70	19,870.00	19,412.71	19,552.05	19,552.05	29,476,172,015
28 Jul 2022	18,856.57	19,801.64	18,728.58	19,587.61	19,587.61	33,034,233,954
27 Jul 2022	17,651.38	18,881.46	17,487.86	18,854.02	18,854.02	26,112,943,449
26 Jul 2022	17,721.27	17,721.27	17,273.87	17,647.71	17,647.71	23,783,697,638
25 Jul 2022	18,862.14	18,899.97	17,721.71	17,721.75	17,721.75	29,512,798,441
24 Jul 2022	18,714.24	19,146.46	18,582.07	18,863.82	18,863.82	19,661,729,613
23 Jul 2022	18,915.39	19,140.50	18,328.89	18,714.21	18,714.21	20,010,663,165
22 Jul 2022	19,310.48	19,678.80	18,830.29	18,922.05	18,922.05	26,174,815,706
21 Jul 2022	19,413.06	19,538.65	18,807.78	19,311.22	19,311.22	28,036,526,955
20 Jul 2022	19,487.70	20,203.11	19,151.07	19,411.83	19,411.83	35,873,321,805
19 Jul 2022	18,803.05	19,722.65	18,108.18	19,484.57	19,484.57	40,623,852,107
18 Jul 2022	17,478.21	18,879.66	17,478.21	18,817.98	18,817.98	33,454,118,930
17 Jul 2022	17,879.33	18,221.48	17,475.07	17,476.05	17,476.05	19,282,969,386
16 Jul 2022	17,574.11	18,128.23	17,291.32	17,875.35	17,875.35	20,501,048,529
15 Jul 2022	17,374.52	17,813.64	17,234.83	17,575.98	17,575.98	21,852,026,360
14 Jul 2022	17,035.76	17,590.10	16,733.27	17,371.79	17,371.79	26,314,306,555
13 Jul 2022	16,270.73	17,029.71	16,020.30	17,036.27	17,036.27	27,850,671,520
12 Jul 2022	16,782.83	16,902.00	16,255.91	16,269.00	16,269.00	21,729,882,335
11 Jul 2022	17,355.70	17,355.70	16,746.34	16,782.90	16,782.90	20,295,434,576
10 Jul 2022	17,948.45	17,948.45	17,230.25	17,359.11	17,359.11	23,873,505,708
09 Jul 2022	18,044.73	18,186.25	17,827.81	17,949.38	17,949.38	24,640,373,177
08 Jul 2022	17,986.92	18,524.64	17,736.58	18,056.60	18,056.60	41,462,271,475
07 Jul 2022	17,234.79	18,104.42	16,992.00	17,987.28	17,987.28	21,459,935,026
06 Jul 2022	16,897.81	17,273.53	16,567.32	17,235.15	17,235.15	20,632,733,019
05 Jul 2022	16,696.37	17,257.92	16,204.72	16,894.04	16,894.04	22,354,180,513
04 Jul 2022	15,946.16	16,719.08	15,761.84	16,701.25	16,701.25	17,826,740,950
03 Jul 2022	15,895.99	16,157.46	15,668.69	15,945.96	15,945.96	13,544,408,199
02 Jul 2022	15,923.04	16,003.10	15,718.37	15,896.12	15,896.12	14,952,846,423
01 Jul 2022	16,299.34	16,979.35	15,820.40	15,918.52	15,918.52	25,417,227,850
30 Jun 2022	16,578.68	16,613.36	15,379.91	16,269.95	16,269.95	21,600,838,484
29 Jun 2022	16,640.54	16,684.66	16,387.55	16,575.14	16,575.14	19,418,504,265
28 Jun 2022	16,901.08	17,246.93	16,597.03	16,640.10	16,640.10	17,543,378,547
27 Jun 2022	17,120.22	17,437.54	16,800.70	16,904.29	16,904.29	17,091,968,940
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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FTSE 1007,037.93+129.17(+1.87%)

FTSE 25017,759.63+474.75(+2.75%)

AIM814.37+5.64(+0.70%)

GBP/EUR1.1456-0.0060(-0.52%)

GBP/USD1.1322+0.0003(+0.0226%)

Bitcoin GBP17,599.04+560.46(+3.29%)

Does the tax U-turn mean interest rates won't rise to 6% as predicted?

Bitcoin GBP (BTC-GBP)

FTSE 100
7,037.93
+129.17(+1.87%)

FTSE 250
17,759.63
+474.75(+2.75%)

AIM
814.37
+5.64(+0.70%)

GBP/EUR
1.1456
-0.0060(-0.52%)

GBP/USD
1.1322
+0.0003(+0.0226%)

Bitcoin GBP
17,599.04
+560.46(+3.29%)