The scale of extra borrowing in Rachel Reeves' Budget £32bn a year on average - saw yields on Government bonds increase as the market responded to the Chancellor's plans.
The value of the pound has also fallen against the dollar following Labour's first Budget in more than 14 years.
But Darren Jones, Ms Reeves' deputy at the Treasury, told Sky News yesterday that "markets always respond to budgets in the normal way" "I think we've all got PTSD from Liz Truss," he added.
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Esta historia es de la edición November 02, 2024 de Manchester Evening News.
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Family tree of festive favourites
For The Wildlife Trust for Lancashire, Manchester and North Merseyside
Spending wrangles in 2025 for Reeves
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Mild weather for Boxing Day swims
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