EXPLAINER: What caused UK’s economic crisis and what’s next?


              People walk past a bureau de change which displays the currency conversion rates, in London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won't extend an emergency debt-buying plan introduced last month to stabilize financial markets. (AP Photo/Alberto Pezzali)
            
              People walk past a bureau de change which displays the currency conversion rates, in London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won't extend an emergency debt-buying plan introduced last month to stabilize financial markets.(AP Photo/Alberto Pezzali)
            
              People walk past a bureau de change, in London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won't extend an emergency debt-buying plan introduced last month to stabilize financial markets. (AP Photo/Alberto Pezzali)
            
              People stand in front of the Bank of England, in the financial district of The City of London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won't extend an emergency debt-buying plan introduced last month to stabilize financial markets.(AP Photo/Alberto Pezzali)
            
              The Bank of England stands in the financial district of The City of London, Wednesday, Oct. 12, 2022. The pound sank against the dollar early Wednesday after the Bank of England governor confirmed the bank won't extend an emergency debt-buying plan introduced last month to stabilize financial markets. (AP Photo/Alberto Pezzali)
EXPLAINER: What caused UK’s economic crisis and what’s next?