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‘Big impact’: UK economic chaos, pound plunge hit businesses

FILE - People queue at a bureau de change in London, on Sept. 27, 2022. The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy. But it's had the opposite effect as the promise of huge unfunded tax cuts sparked turmoil in financial markets and sent the British pound tumbling to a record low against the U.S. dollar this week. (AP Photo/Frank Augstein, File)

A man prepares fish at Olley's Fish Experience shop in London, Wednesday, Sept. 28, 2022. Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation. But an economic stimulus plan announced last week by Prime Minister Liz Truss’ new government brought no relief — far from it. (AP Photo/Frank Augstein)

Andrew Crook, President of the National Federation of Fish Friers, speaks to The Associated Press at Olley's Fish Experience shop in London, Wednesday, Sept. 28, 2022. Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation. But an economic stimulus plan announced last week by Prime Minister Liz Truss’ new government brought no relief — far from it. (AP Photo/Frank Augstein)

FILE- Pedestrians pass a currency exchange sign outside a shop in London, on Sept. 23, 2022. The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy. But it's had the opposite effect as the promise of huge unfunded tax cuts sparked turmoil in financial markets and sent the British pound tumbling to a record low against the U.S. dollar this week. (AP Photo/Kirsty Wigglesworth, File)

FILE - Shoppers at a fruit and vegetable stall in London, on Sept. 23, 2022. The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy. But it's had the opposite effect as the promise of huge unfunded tax cuts sparked turmoil in financial markets and sent the British pound tumbling to a record low against the U.S. dollar this week. (AP Photo/Kirsty Wigglesworth, File)

FILE - Pedestrians pass a closing down shop in London, on Sept. 23, 2022. The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy. But it's had the opposite effect as the promise of huge unfunded tax cuts sparked turmoil in financial markets and sent the British pound tumbling to a record low against the U.S. dollar this week. (AP Photo/Kirsty Wigglesworth, File)

FILE - Britain's Prime Minister Liz Truss walks past Larry the Cat, Chief Mouser to the Cabinet Office as she leaves 10 Downing Street to attend parliament in London, on Sept. 23, 2022. The British government’s economic stimulus plan is designed to help people and businesses by cutting taxes and growing the economy. But it's had the opposite effect as the promise of huge unfunded tax cuts sparked turmoil in financial markets and sent the British pound tumbling to a record low against the U.S. dollar this week. (AP Photo/Kirsty Wigglesworth, File)

A man prepares fish at Olley's Fish Experience shop in London, Wednesday, Sept. 28, 2022. Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation. But an economic stimulus plan announced last week by Prime Minister Liz Truss’ new government brought no relief — far from it. (AP Photo/Frank Augstein)

Fish and Chips are fried at Olley's Fish Experience shop in London, Wednesday, Sept. 28, 2022. Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation. But an economic stimulus plan announced last week by Prime Minister Liz Truss’ new government brought no relief — far from it. (AP Photo/Frank Augstein)

Olley's Fish Experience shop owner Harry Niazi speaks to The Associated Press in his shop in London, Wednesday, Sept. 28, 2022. Like many small business owners in Britain, Harry Niazi hoped for government help to keep his south London fish and chip shop going in the face of rocketing energy bills and soaring inflation. But an economic stimulus plan announced last week by Prime Minister Liz Truss’ new government brought no relief — far from it. (AP Photo/Frank Augstein)

‘Big impact’: UK economic chaos, pound plunge hit businesses