Sterling corporate bond market unimpressed by UK U-turn
![Downing Street, London, UK. 7th Sep, 2022. Ministers attend the first Cabinet Meeting at 10 Downing Street since Prime Minister Liz Truss appointed them last night. Kwasi Kwarteng MP, Chancellor of the Exchequer. Credit: amanda rose/Alamy Live News](https://assets.euromoneydigital.com/dims4/default/b58f6ed/2147483647/strip/true/crop/4062x2708+0+0/resize/840x560!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2Fcd%2Fe1%2F5294eefb4d6e900ffc59bff3359d%2Fkwarteng-single-use-alamy-oct22.jpg)
UK government’s scrapping of top end tax cut not enough to make market attractive for issuance again
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