Reeves' Budget: A Bold Shift from Truss' Mini-Budget
According to a senior government official, Rachel Reeves' recent Budget is “very, very different” from the mini-Budget introduced by Liz Truss two years ago.
Showing posts from interest rates
New Budget Brings Stability Amid Concerns Over Borrowing Costs
Rachel Reeves' recent Budget has been characterized as “very, very different” from the mini-Budget presented by Liz Truss two years earlier, according to Darren Jones, a senior government official.
UK Government Borrowing Costs Hit Record High After Budget
The expense of borrowing for the UK government has surged to its highest point in over a year following the recent Budget announcement.
De Guindos warns European economy in imminent danger
Luis de Guindos, Vice-President of the European Central Bank, outlined the economic situation in the euro area, stressing that the expected risks are manifesting themselves, in particular due to the lack of recovery in consumption.