UK Budget: Tighter Policies, Stronger Pound
Update: 2025-11-26
Description
Finance Minister Rachel Reeves unveils UKs budget plans, expected to include tax hikes, but income tax likely spared. U.S. bond market offers support, with manageable debt sales and a potential Bank of England interest rate cut. Markets seem prepared for potential negative impacts, with a positive global bond market trend and a stronger pound despite inflation concerns.
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