Autumn Budget: Investor confidence crisis ‘remains live’ Markets The likelihood of an investor confidence crisis in UK assets after last week’s Autumn Budget “remains live” and markets will “gradually lose faith” in the government’s fiscal plans despite the initial reaction being largely positive, an economics consultancy has said. A fresh analysis published by Oxford Economics said the government’s frontloaded spending and backloaded tax [...]
How Reeves could ‘trigger’ bond market fright and collapse UK economy Economics Poor decisions made by Rachel Reeves at the next Budget could send the UK economy into a crisis if her announcements trigger a collapse in bond markets’ confidence, according to a scenario played out by analysts at Oxford Economics. Rachel Reeves has pledged to drive growth in the UK and lower the cost of living [...]
European bond rout worsens ahead of pivotal defence summit Markets European bond yields continued to climb on Thursday as traders weighed expectations of higher borrowing from major European economies, which is expected to boost defence spending. German bonds suffered their worst day since the immediate aftermath of the fall of the Berlin Wall on Wednesday, after soon-to-be Chancellor Friedrich Merz laid out a bumper package [...]