Pre-budget jitters cause cost of government debt to creep higher...

United Kingdom News News

Pre-budget jitters cause cost of government debt to creep higher...
United Kingdom Latest News,United Kingdom Headlines
  • 📰 TheSun
  • ⏱ Reading Time:
  • 63 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 61%

Watch Rachel Reeves give her FIRST interview after the Budget in a Never Mind The Ballots special

The Chancellor is desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini Budget in 2022Government bonds, or gilts, are seen as the telltale sign of global investors’ opinion on the health of the UK economy and its leadership.

Rachel Reeves today has to deliver a Budget that will promote growth, but not scare away big private investors she must rely on to fund UK infrastructure projects. He said the industry was facing the threat of higher alcohol duty, bottle recycling and packaging charges, higher staff wages and the end of business rates relief.

Chris Kempczinski, chief executive, highlighted the success of its “three for £3 menu” but admitted growth in the US had been disrupted by an E.coli outbreak linked to its quarterpounder burgers.BP posted £1.75billion in profits for the three months to September yesterday — its lowest level in four years.New boss Murray Auchincloss has said he will focus on high profit margin businesses, in contrast to his predecessor Bernard Looney’s strategy to grow BP’s cash-hungry renewables side.

The Court of Appeal ruled on Friday that car finance firms should not get commission from lenders without drivers’ permission first.A potential billion pound hit from the motor insurance mis-selling scandal has prompted the UK arm of Santander to delay resultsyesterday said that while it expected the judgment to be appealed, it would have to consider the costs of the potential damaging exposure.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

TheSun /  🏆 64. in UK

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Eight key things to watch out for as Rachel Reeves announces first Labour budgetEight key things to watch out for as Rachel Reeves announces first Labour budgetFrom an increase in the minimum wage to a rise in alcohol duty, these are some of the key things to look out for in the autumn Budget
Read more »

Downing Street Blames Tory 'Lies' For Rachel Reeves Plan To Raise £40 Billion In BudgetDowning Street Blames Tory 'Lies' For Rachel Reeves Plan To Raise £40 Billion In BudgetKevin Schofield is Politics Editor of HuffPost UK.
Read more »

Rachel Reeves urged to help 'collective effort' to fix housing emergencyRachel Reeves urged to help 'collective effort' to fix housing emergencyEXCLUSIVE: Paul McLennan, the SNP Housing Minister, has called for a commitment at the next Budget to a permanent annual increase to a key benefit.
Read more »

All the changes Rachel Reeves could make for drivers in the BudgetAll the changes Rachel Reeves could make for drivers in the BudgetThere are several changes that could be made for motorists by the Chancellor
Read more »

Barclays in urgent call to Rachel Reeves over key budget decisionBarclays in urgent call to Rachel Reeves over key budget decisionIn the upcoming budget announcement, Barclays is pleading with the Chancellor to cut stamp duty for downsizers after research showed homes “under-occupied'
Read more »

Rachel Reeves rules out raising age private pension pots can be accessed to 60Rachel Reeves rules out raising age private pension pots can be accessed to 60Some pensions experts say that savers should have to wait longer to access their retirement pots, in order to encourage them to amass as much money as possible
Read more »



Render Time: 2025-02-12 02:23:30