REEVES WARNED SHE HAS SQUANDERED CREDIBILITY WITH BOND MARKETS
https://s.yimg.com/ny/api/res/1.2/0MnNY0AXbZUwNZXR9fJlMA--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NTA-/https://media.zenfs.com/en/the_telegraph_258/0f14052e884a6e76a85f5c59bf446d50
✍️ Chancellor Rachel Reeves' decision to scrap plans to raise income tax has raised concerns among bond investors, who fear it may create uncertainty and affect the gilt market.
👉 Chancellor Rachel Reeves scrapped plans to raise income tax 👉 Investors fear the decision may create uncertainty and affect the gilt market 👉 The yield on 10-year UK gilts rose by 0.137 percentage points to 4.57pc on Friday 👉 Political uncertainty within the Labour Party has added to concerns 👉 Experts warn that the Chancellor's decision may harm economic growth and inflation
-- #RachelReeves #MatthewAmis #EvelynGomezLietchi #WesStreeting #JamesAthey #NeilWilson #JagjitChadha #SirKeirStarmer #politics
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