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Equity funds record worst outflows since UK mini-budget chaos

Investors have pulled almost £3bn from UK equity funds so far this year

Gilt yields spiked after then-Prime Minister Liz Truss outlined a series of radical fiscal moves last September, causing equity investors to lose confidence too
Gilt yields spiked after then-Prime Minister Liz Truss outlined a series of radical fiscal moves last September, causing equity investors to lose confidence too Photo: Christopher Furlong/Getty Images

Equity funds on sale to UK investors suffered their largest outflows since Liz Truss's mini-budget last month.

Then-Prime Minister Truss sent markets into a tailspin last September with a package of unfunded spending and tax cuts.

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