FTSE slumps to lowest level in months as Budget shockwaves reverberate
The FTSE's jitters is a clear indication that financial markets are anxious in the wake of the measures announced by Chancellor Rachel Reeves yesterday in the Commons.
The FTSE's jitters is a clear indication that financial markets are anxious in the wake of the measures announced by Chancellor Rachel Reeves yesterday in the Commons.
Rachel Reeves made a raft of huge tax announcements in Labour's first Budget speech in 15 years.
Nigel Green, CEO of deVere Group said there were ‘clear signals' investors were moving away from government debt in advance of the October 30 Budget
The OECD survey suggests recent activity indicators "suggest ongoing momentum, especially in services sectors".
The pound hit its highest level in more than two years against the dollar, but analysts have warned the surge risks damaging the UK's international competitiveness
The news would come as a huge blow to Sir Keir Starmer barely two months on from his General Election victory.