Reported about 13 hours ago
UK assets are experiencing a disastrous beginning to the year as investors worry about the nation's finances amidst rising bond yields and government borrowing costs. Concerns over Chancellor Rachel Reeves' handling of the debt situation have intensified after her budget forecast increased borrowing and spending, leading to market volatility. Key indicators like bond yields, currency value, and stock market performance signal major challenges ahead, reflecting fears reminiscent of the 2022 market crisis.
Source: YAHOO