Today news
About the same in other media
Treasury steps in to defend Reeves' borrowing amid gilt market selloff
Reading now: 375
The Treasury rejected claims that higher debt costs had limited Chancellor Rachel Reeves's headroom for borrowing, calling them «pure speculation». «UK debt is the second lowest in the G7 and only the OBR's forecast can accurately predict how much headroom the government has,» a Treasury spokesperson said, adding that «no one should be under any doubt that meeting the fiscal rules is non-negotiable and the government will have an iron grip on the public finances». The Treasury intervention came after yields on UK 30-Year gilts rose to the highest level since 1998 on Wednesday (8 Janua...
To continue reading this article...
Join now
Login
Read more on investmentweek.co.ukAbout this in other media
Saba's Boaz Weinstein hits back at Herald trust and defends its abilities to outperform current management investmentweek.co.uk /2 days ago
Tax concerns hit highest levels since 2017 as UK businesses forecast Budget linked price increases investmentweek.co.uk /3 days ago
Bumrah-less India fail to defend Border-Gavaskar series title as Australia win finale by 6 wickets economictimes.indiatimes.com /4 days ago
Show more
The website fvbb.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
