Business & Finance
UK Budget Is Bond-Friendly But Healey Warns of Hard Decisions Ahead
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UK Budget Is Bond-Friendly But Healey Warns of Hard Decisions Ahead The chancellor warns on future spending decisions This article is for subscribers only.
UK Budget Is Bond-Friendly But Healey Warns of Hard Decisions Ahead
The chancellor warns on future spending decisions
This article is for subscribers only.
In today’s Markets Daily UK: A warning from Healey after the budget, plus disappointment for homebuilders. Throughout the day, get the latest news and analysis on the Markets Today live blog.
Chancellor John Healey set out to do no harm with his first Budget and, going by the reaction in the UK’s bond market, broadly achieved it. “The gilt market wanted dull and they got exactly that,” said Matthew Amis, investment director at Aberdeen.