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?

Tungsten West PLC (TUN.L)

LSE - LSE Delayed price. Currency in GBp (0.01 GBP)

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25.50

0.00

(0.00%)

At close: 03:48PM BST

Time period:

04 Oct 2021 - 04 Oct 2022

Show:

Historical prices

Frequency:

Daily

Currency in GBpDownload

Date	Open	High	Low	Close*	Adj. close**	Volume
03 Oct 2022	26.25	26.25	24.10	25.50	25.50	976
30 Sept 2022	25.50	26.25	24.00	25.50	25.50	20,460
29 Sept 2022	25.50	25.31	24.12	25.50	25.50	2,787
28 Sept 2022	25.00	25.34	23.16	25.50	25.50	16,520
27 Sept 2022	24.50	27.00	24.80	25.00	25.00	8,136
26 Sept 2022	24.50	26.00	23.00	23.00	23.00	27,483
23 Sept 2022	26.00	26.50	25.00	24.50	24.50	26,694
22 Sept 2022	27.50	27.25	25.00	26.50	26.50	139,558
21 Sept 2022	27.50	27.50	26.00	27.50	27.50	22,670
20 Sept 2022	27.50	28.00	27.00	27.50	27.50	3,206
16 Sept 2022	27.50	28.00	27.00	27.50	27.50	10,797
15 Sept 2022	27.50	27.77	27.00	27.50	27.50	41,508
14 Sept 2022	28.50	28.50	27.00	28.00	28.00	222,304
13 Sept 2022	25.50	29.75	26.00	28.50	28.50	148,770
12 Sept 2022	23.00	24.55	23.00	24.00	24.00	30,474
09 Sept 2022	24.00	24.69	23.00	24.60	24.60	5,645
08 Sept 2022	24.50	24.74	24.00	24.50	24.50	4,182
07 Sept 2022	26.00	27.00	24.00	24.50	24.50	79,783
06 Sept 2022	26.00	26.00	25.00	26.00	26.00	872
05 Sept 2022	26.00	26.40	25.00	26.00	26.00	12,521
02 Sept 2022	27.50	27.47	25.00	26.00	26.00	57,671
01 Sept 2022	28.50	29.00	26.09	27.50	27.50	48,383
31 Aug 2022	29.00	29.00	28.00	28.50	28.50	15,652
30 Aug 2022	29.00	30.00	28.00	29.00	29.00	9,120
26 Aug 2022	29.00	29.00	28.00	29.00	29.00	571
25 Aug 2022	29.00	30.00	28.00	29.00	29.00	2,831
24 Aug 2022	29.00	29.40	28.00	29.00	29.00	796
23 Aug 2022	29.00	29.44	28.56	29.00	29.00	832
22 Aug 2022	29.00	29.50	28.56	29.00	29.00	5,157
19 Aug 2022	30.00	30.10	28.00	29.00	29.00	11,986
18 Aug 2022	31.00	32.00	29.00	29.00	29.00	31,456
17 Aug 2022	31.00	32.75	30.83	31.00	31.00	30,435
16 Aug 2022	31.00	32.80	30.75	31.00	31.00	5,510
15 Aug 2022	31.00	33.00	30.00	31.00	31.00	143,126
12 Aug 2022	28.50	31.40	28.60	31.00	31.00	35,347
11 Aug 2022	28.50	30.00	28.00	29.00	29.00	18,329
10 Aug 2022	28.50	29.50	27.95	28.50	28.50	35,224
09 Aug 2022	28.50	30.00	27.95	28.50	28.50	1,674
08 Aug 2022	30.50	32.00	27.71	28.00	28.00	57,387
05 Aug 2022	30.50	30.80	29.65	30.50	30.50	12,155
04 Aug 2022	30.50	32.00	29.50	30.50	30.50	2,170
03 Aug 2022	30.50	32.00	29.00	30.50	30.50	247,222
02 Aug 2022	30.50	30.63	29.12	30.50	30.50	14,945
01 Aug 2022	30.50	31.30	29.12	30.50	30.50	50,362
29 Jul 2022	30.50	34.96	29.92	30.50	30.50	358,728
28 Jul 2022	30.50	31.00	29.00	31.00	31.00	127,713
27 Jul 2022	30.50	30.95	29.00	29.70	29.70	74,984
26 Jul 2022	30.50	30.80	29.91	30.50	30.50	12,361
25 Jul 2022	30.00	32.00	29.00	30.50	30.50	50,217
22 Jul 2022	30.00	30.35	29.00	30.00	30.00	33,133
21 Jul 2022	31.00	32.00	29.00	30.20	30.20	205,758
20 Jul 2022	25.50	36.00	25.30	31.00	31.00	592,489
19 Jul 2022	21.50	27.00	21.67	24.60	24.60	410,328
18 Jul 2022	21.00	22.00	20.33	21.00	21.00	122,305
15 Jul 2022	21.00	21.40	19.00	21.00	21.00	414,042
14 Jul 2022	21.75	22.50	20.00	21.00	21.00	23,141
13 Jul 2022	23.50	23.10	21.03	21.90	21.90	52,151
12 Jul 2022	23.50	23.30	23.00	23.50	23.50	15,550
11 Jul 2022	23.50	24.00	22.90	22.90	22.90	30,158
08 Jul 2022	23.50	24.00	23.02	23.50	23.50	959
07 Jul 2022	23.50	23.84	23.00	23.50	23.50	3,417
06 Jul 2022	24.25	24.10	23.00	23.50	23.50	63,409
05 Jul 2022	24.50	24.56	24.00	24.25	24.25	2,484
04 Jul 2022	25.50	25.20	24.00	24.50	24.50	10,421
01 Jul 2022	25.50	26.00	25.00	25.50	25.50	8,898
30 Jun 2022	25.50	25.20	25.02	25.50	25.50	1,126
29 Jun 2022	25.50	25.25	24.80	24.80	24.80	2,008
28 Jun 2022	25.50	25.25	25.02	25.50	25.50	870
27 Jun 2022	25.50	25.50	25.02	25.50	25.50	37,420
24 Jun 2022	25.50	25.74	25.00	25.50	25.50	154,173
23 Jun 2022	26.00	26.00	24.00	25.50	25.50	111,123
22 Jun 2022	26.00	27.00	25.00	26.00	26.00	6,800
21 Jun 2022	26.00	26.40	25.00	26.00	26.00	12,722
20 Jun 2022	27.50	28.00	25.00	26.00	26.00	44,161
17 Jun 2022	27.50	28.00	27.00	27.50	27.50	101,449
16 Jun 2022	27.50	27.52	27.00	27.40	27.40	4,176
15 Jun 2022	27.50	27.59	27.00	27.50	27.50	9,879
14 Jun 2022	27.50	27.70	27.02	27.50	27.50	8,573
13 Jun 2022	27.50	27.80	27.00	27.50	27.50	232
10 Jun 2022	28.00	28.00	27.00	27.50	27.50	2,911
09 Jun 2022	28.50	29.00	27.00	28.00	28.00	14,381
08 Jun 2022	28.50	28.30	28.00	28.50	28.50	2,188
07 Jun 2022	28.50	28.39	28.00	28.50	28.50	9,478
06 Jun 2022	28.50	28.44	28.00	28.50	28.50	21,100
01 Jun 2022	28.50	28.44	28.00	28.50	28.50	22,621
31 May 2022	28.50	28.45	28.00	28.50	28.50	363,793
30 May 2022	28.50	28.45	28.00	28.50	28.50	6,092
27 May 2022	29.50	29.00	28.00	28.50	28.50	4,411
26 May 2022	29.50	29.79	28.06	29.50	29.50	12,073
25 May 2022	29.50	29.81	28.00	29.50	29.50	2,165
24 May 2022	29.50	29.90	28.06	29.50	29.50	30,381
23 May 2022	29.50	29.99	29.91	29.50	29.50	3,828
20 May 2022	30.50	31.00	28.00	29.50	29.50	9,618
19 May 2022	30.50	30.35	30.00	30.50	30.50	1,574
18 May 2022	30.50	30.40	30.02	30.50	30.50	1,737
17 May 2022	31.00	31.00	30.00	30.50	30.50	9,926
16 May 2022	31.50	32.00	30.94	31.00	31.00	200,300
13 May 2022	32.50	33.00	31.00	31.20	31.20	42,424
12 May 2022	32.50	32.30	32.02	32.50	32.50	5,529
11 May 2022	32.50	32.50	32.30	32.50	32.50	17,526
Close price adjusted for splits.*Close price adjusted for splits and dividend and/or capital gain distributions.

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NIKKEI 22526,215.79+278.58(+1.07%)

HANG SENG17,079.51-143.32(-0.83%)

CRUDE OIL83.42-0.21(-0.25%)

GOLD FUTURES1,710.60+8.60(+0.51%)

DOW29,490.89+765.38(+2.66%)

BTC-GBP17,347.49+504.77(+3.00%)

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

Tungsten West PLC (TUN.L)

NIKKEI 225
26,215.79
+278.58(+1.07%)

HANG SENG
17,079.51
-143.32(-0.83%)

CRUDE OIL
83.42
-0.21(-0.25%)

GOLD FUTURES
1,710.60
+8.60(+0.51%)

DOW
29,490.89
+765.38(+2.66%)

BTC-GBP
17,347.49
+504.77(+3.00%)