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UK borrowing costs jump, stocks slide as speculation mounts over high-stakes budget
British government bond yields rose sharply on Friday morning.
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theguardian.com
Pound and UK bonds slide as Reeves ditches plans for income tax hike – business live
Jitters over the UK’s autumn budget grow as chancellor Rachel Reeves abandons plans to raise income tax on 26 November
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cnbc.com
UK borrowing costs jump, stocks slide as speculation mounts over high-stakes budget
British government bond yields rose sharply on Friday morning.
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UK borrowing costs up after markets spooked by Reeves’s income tax U-turn
Pound down 0.5% against dollar in early trading after chancellor drops plans for upcoming budget
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independent.co.uk
Income tax – live: Markets spooked after Reeves U-turn on major Budget tax increase
Chancellor reported to have abandoned plans over fears they could anger both voters and backbench Labour MPs