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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17,589.36

+565.20

(+3.32%)

As of 11:03AM UTC. Market open.

About Bitcoin

Start date: 2013-04-28

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Description

Bitcoin (BTC) is a cryptocurrency . Users are able to generate BTC through the process of mining. Bitcoin has a current supply of 18,700,362. The last known price of Bitcoin is 55,371.6210282 USD and is down -1.60 over the last 24 hours. It is currently trading on 9495 active market(s) with $70,709,000,347.46 traded over the last 24 hours. More information can be found at https://bitcoin.org/.

FTSE 1007,049.61+140.85(+2.04%)

FTSE 25017,769.75+484.87(+2.81%)

AIM814.93+6.20(+0.77%)

GBP/EUR1.1472-0.0044(-0.38%)

GBP/USD1.1353+0.0034(+0.2997%)

Bitcoin GBP17,589.36+565.20(+3.32%)

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

Bitcoin GBP (BTC-GBP)

About Bitcoin

Description

FTSE 100
7,049.61
+140.85(+2.04%)

FTSE 250
17,769.75
+484.87(+2.81%)

AIM
814.93
+6.20(+0.77%)

GBP/EUR
1.1472
-0.0044(-0.38%)

GBP/USD
1.1353
+0.0034(+0.2997%)

Bitcoin GBP
17,589.36
+565.20(+3.32%)