MarketsNotableEmergingDeveloping
4.6
UK Finance Minister Open to Smaller Fiscal Buffer to Limit Tax Hikes
Dagens IndustriLO·GB·1 day ago
A global government bond sell-off has driven the UK 10-year gilt yield to 5.38%, approaching the 19-year high set last week, ahead of a tough budget next month. The rise increases the upfront cost of government investment and constrains the chancellor's fiscal headroom. International bodies have warned of rising debt and borrowing risks, amplifying pressure on UK fiscal policy.
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