The pound has fallen to a record low against the dollar as markets react to the UK's biggest tax cuts in 50 years. In early Asia trade, sterling fell close to $1.03 before regaining some ground to stand at about $1.06 on Monday morning, UK time. Chancellor Kwasi Kwarteng has promised more tax cuts on top of a £45bn package he announced on Friday amid expectations borrowing will surge. The pound has also been under pressure due to strength of the dollar. The euro also touched a fresh 20-y...