Pound Drops, UK Bonds Rally as Reeves Sets Stage for Tax Hikes | The Opening Trade 11/4
Adrian Bogdan
UK Chancellor Rachel Reeves laid the ground for more tax hikes in her upcoming budget in a speech at Downing Street, blaming the previous Conservative administration and global trade frictions for harming the UK British economy. Reeves said she was determined to bring down inflation to pave the way for more interest rate cuts, while keeping a lid on the government’s debt pile and borrowing costs. The Opening Trade has everything you need to know as markets open across Europe. With analysis you
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