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?

Meituan (MPNGY)

Other OTC - Other OTC Delayed price. Currency in USD

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41.74

-0.41

(-0.97%)

At close: 03:59PM EDT

Time period:

04 Oct 2021 - 04 Oct 2022

Show:

Historical prices

Frequency:

Daily

Currency in USDDownload

Date	Open	High	Low	Close*	Adj. close**	Volume
03 Oct 2022	41.27	41.85	40.89	41.74	41.74	162,800
30 Sept 2022	41.51	42.73	41.51	42.15	42.15	98,100
29 Sept 2022	43.53	43.80	42.74	43.48	43.48	74,500
28 Sept 2022	43.41	44.75	43.15	44.61	44.61	95,100
27 Sept 2022	44.49	44.72	43.04	43.39	43.39	126,300
26 Sept 2022	42.66	43.19	42.37	42.51	42.51	170,200
23 Sept 2022	41.00	41.00	40.26	40.42	40.42	59,000
22 Sept 2022	42.28	42.35	41.41	41.78	41.78	97,300
21 Sept 2022	42.66	42.66	41.52	41.68	41.68	83,900
20 Sept 2022	43.90	43.90	43.07	43.28	43.28	85,900
19 Sept 2022	43.26	44.03	43.22	44.01	44.01	40,700
16 Sept 2022	43.55	43.75	43.34	43.34	43.34	61,400
15 Sept 2022	43.61	44.74	43.60	43.85	43.85	68,300
14 Sept 2022	44.24	44.44	44.08	44.25	44.25	21,500
13 Sept 2022	44.68	44.94	43.56	43.93	43.93	107,300
12 Sept 2022	45.41	46.08	45.32	46.08	46.08	94,600
09 Sept 2022	45.15	45.58	44.94	45.15	45.15	110,100
08 Sept 2022	43.63	44.10	43.43	43.98	43.98	48,400
07 Sept 2022	43.82	44.34	43.22	44.11	44.11	68,100
06 Sept 2022	44.30	44.30	43.13	43.25	43.25	46,700
02 Sept 2022	44.62	44.93	44.19	44.32	44.32	62,100
01 Sept 2022	45.11	45.71	44.81	45.24	45.24	102,700
31 Aug 2022	47.88	48.64	47.55	47.90	47.90	462,600
30 Aug 2022	46.20	47.01	45.05	45.58	45.58	378,200
29 Aug 2022	47.00	48.44	47.00	47.14	47.14	409,900
26 Aug 2022	49.50	51.90	47.67	48.74	48.74	571,600
25 Aug 2022	44.95	47.00	44.90	47.00	47.00	383,200
24 Aug 2022	42.10	43.65	41.46	42.97	42.97	55,400
23 Aug 2022	42.30	43.39	42.30	43.18	43.18	67,900
22 Aug 2022	44.30	44.30	42.94	42.94	42.94	57,500
19 Aug 2022	43.01	43.15	42.45	42.57	42.57	24,700
18 Aug 2022	43.61	43.61	42.92	43.11	43.11	62,500
17 Aug 2022	43.98	44.45	43.70	43.94	43.94	95,500
16 Aug 2022	43.20	43.56	42.31	42.65	42.65	141,900
15 Aug 2022	45.95	46.67	45.91	46.41	46.41	60,900
12 Aug 2022	44.86	45.76	44.12	45.75	45.75	31,700
11 Aug 2022	45.09	46.48	44.85	45.03	45.03	36,800
10 Aug 2022	44.00	44.29	43.38	44.07	44.07	34,200
09 Aug 2022	44.53	44.97	44.28	44.28	44.28	45,600
08 Aug 2022	45.77	46.37	45.49	45.61	45.61	75,100
05 Aug 2022	45.75	46.12	45.68	45.92	45.92	70,500
04 Aug 2022	47.51	47.79	46.92	47.13	47.13	70,100
03 Aug 2022	45.00	45.83	44.70	45.74	45.74	68,400
02 Aug 2022	43.25	46.32	43.25	45.44	45.44	242,900
01 Aug 2022	45.00	45.12	44.16	44.58	44.58	79,700
29 Jul 2022	44.47	44.87	44.00	44.76	44.76	112,100
28 Jul 2022	47.00	48.25	46.50	47.40	47.40	65,500
27 Jul 2022	48.40	49.07	47.90	48.94	48.94	40,500
26 Jul 2022	48.60	48.60	47.25	47.40	47.40	37,600
25 Jul 2022	48.03	48.20	47.48	48.04	48.04	39,200
22 Jul 2022	48.85	49.27	47.83	48.05	48.05	39,200
21 Jul 2022	48.70	49.19	48.63	48.99	48.99	165,000
20 Jul 2022	49.37	49.37	48.56	49.27	49.27	39,800
19 Jul 2022	48.55	49.26	48.25	48.97	48.97	122,600
18 Jul 2022	48.25	48.95	47.87	48.18	48.18	171,900
15 Jul 2022	44.60	46.22	44.60	45.85	45.85	92,600
14 Jul 2022	45.60	45.79	44.99	45.44	45.44	68,200
13 Jul 2022	45.53	46.42	45.27	46.13	46.13	127,600
12 Jul 2022	45.40	45.81	44.51	45.47	45.47	404,400
11 Jul 2022	46.50	46.50	45.10	45.22	45.22	64,000
08 Jul 2022	48.00	49.25	48.00	48.77	48.77	109,800
07 Jul 2022	50.00	50.76	49.83	50.30	50.30	68,200
06 Jul 2022	50.25	50.25	48.63	49.57	49.57	121,800
05 Jul 2022	50.40	50.40	48.60	50.29	50.29	101,500
01 Jul 2022	48.80	51.00	48.80	50.02	50.02	71,200
30 Jun 2022	48.75	49.94	48.51	49.94	49.94	76,500
29 Jun 2022	51.60	51.98	51.15	51.48	51.48	103,500
28 Jun 2022	52.90	53.18	51.70	52.05	52.05	230,900
27 Jun 2022	52.00	53.36	51.21	51.56	51.56	258,900
24 Jun 2022	51.80	51.80	50.01	50.43	50.43	52,500
23 Jun 2022	48.85	49.87	48.50	49.11	49.11	68,300
22 Jun 2022	49.15	49.61	48.62	48.73	48.73	197,700
21 Jun 2022	50.55	51.26	50.12	51.08	51.08	98,600
17 Jun 2022	52.61	52.86	49.84	50.77	50.77	280,000
16 Jun 2022	47.77	48.12	47.07	47.68	47.68	91,100
15 Jun 2022	50.20	50.68	49.28	50.48	50.48	106,900
14 Jun 2022	49.20	50.14	48.86	49.73	49.73	420,100
13 Jun 2022	49.00	49.00	45.50	46.00	46.00	64,900
10 Jun 2022	50.97	51.53	49.49	49.90	49.90	250,400
09 Jun 2022	51.80	51.80	49.40	49.48	49.48	150,000
08 Jun 2022	53.11	54.15	52.46	54.14	54.14	502,600
07 Jun 2022	50.50	52.59	50.50	52.51	52.51	92,600
06 Jun 2022	50.69	51.80	50.19	50.41	50.41	101,700
03 Jun 2022	49.18	49.32	48.02	48.41	48.41	101,700
02 Jun 2022	47.66	49.92	47.60	49.45	49.45	202,500
01 Jun 2022	46.50	46.84	45.00	45.58	45.58	181,300
31 May 2022	47.14	47.76	46.58	46.89	46.89	266,400
27 May 2022	42.15	42.31	40.93	42.07	42.07	97,200
26 May 2022	40.61	43.05	40.56	42.81	42.81	162,000
25 May 2022	40.36	40.69	40.03	40.59	40.59	119,400
24 May 2022	41.01	41.75	39.16	39.44	39.44	191,500
23 May 2022	42.60	43.00	42.22	42.41	42.41	65,800
20 May 2022	44.49	44.49	42.20	43.00	43.00	122,500
19 May 2022	42.78	44.29	42.78	44.08	44.08	225,500
18 May 2022	43.00	43.60	42.15	42.15	42.15	102,400
17 May 2022	44.26	45.10	43.20	44.01	44.01	333,900
16 May 2022	42.06	42.88	41.87	42.45	42.45	321,400
13 May 2022	42.45	43.83	42.39	43.70	43.70	338,100
12 May 2022	38.53	41.16	38.53	40.30	40.30	160,700
11 May 2022	39.58	41.03	39.01	39.25	39.25	340,800
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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FTSE 1007,007.18+98.42(+1.42%)

FTSE 25017,623.64+338.76(+1.96%)

AIM816.75+8.02(+0.99%)

GBP/EUR1.1522+0.0006(+0.05%)

GBP/USD1.1375+0.0056(+0.4937%)

BTC-GBP17,607.96+660.40(+3.90%)

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

Meituan (MPNGY)

FTSE 100
7,007.18
+98.42(+1.42%)

FTSE 250
17,623.64
+338.76(+1.96%)

AIM
816.75
+8.02(+0.99%)

GBP/EUR
1.1522
+0.0006(+0.05%)

GBP/USD
1.1375
+0.0056(+0.4937%)

BTC-GBP
17,607.96
+660.40(+3.90%)