Sterling Outlook Remains Negative as U.K. Treasury’s Reeves Challenged on Budget
Sterling faces further weakness and investors were losing confidence in Reeves’ growth-boosting plans, and the currency’s outlook remained negative, also given expectations of at least two BOE rate ...
U.K. Could Take New Measures to Meet Fiscal Rules, Treasury Chief Says -- Update
The U.K. is prepared to announce new measures to ensure it meets its fiscal rules in March, Treasury Chief Rachel Reeves said Thursday. The left-of-center Labour Party set out its new rules in October ...
Gilt Yields Edge Lower as U.K. Treasury Chief Reassures Investors
Gilt yields declined following reassurances from U.K. Treasury chief Rachel Reeves to U.K. businesses while speaking at Davos.