Category: Gilts

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Financial watchdog rejects accusations Treasury officials deliberately misled reporters but leaves door open to probe claims or market maniluationTreasury launches inquiry into budget leaks with Reeves’s supportBusiness...

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Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds Analysis: ‘Tax-raising budget crash-lands on struggling economy’Budget 2025: key points at a...

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Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market

Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rulesRachel Reeves v the OBR: chancellor aims to loosen the watchdog’s gripRachel Reeves is aiming to create more...

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Andy Burnham alarms investors with call to end UK dependence on foreign lenders

Approach would risk fresh bond market crisis, say investors, amid speculation Greater Manchester mayor is seeking Westminster returnUK politics – latest updatesA call to end the UK’s dependence on foreign lenders by...

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UK borrowing hits five-year high for August at £18bn

Worsening public finances mean Rachel Reeves will almost certainly announce tax rises in November budgetBusiness live – latest updatesUK government borrowing rose to a five-year high in August, official figures show,...

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UK bond yields rise sharply amid speculation over future of Rachel Reeves

Cost of government borrowing leaps as investors take fright from PMQs, before falling back as No 10 says chancellor staying in postReeves will stay as chancellor, says No 10 after her tears in CommonsWhere does the welfare bill...

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Five economic factors that will govern Rachel Reeves’s spring statement

The chancellor will address MPs on Wednesday, warning of tough spending cuts amid rising government borrowing costsWhat to expect from Rachel Reeves’s (brief) spring statementRachel Reeves will give her spring statement on...

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Bank of England poised to cut interest rates amid UK economic gloom

Growth forecasts likely to be downgraded, with rate-setting committee tipped to cut lending rate from 4.75% to 4.5%Bank of England policymakers are poised to cut interest rates and downgrade forecasts for economic growth,...

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