Market reaction is 'very different' from Liz Truss turmoil
Manchester Evening News|November 02, 2024
THE UK is in a "very different world" compared to the turmoil which followed Liz Truss' economic plans, a minister has said as the Government seeks to quell post-Budget market jitters.
Market reaction is 'very different' from Liz Truss turmoil

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.

この蚘事は Manchester Evening News の November 02, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

この蚘事は Manchester Evening News の November 02, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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