Dollar movements spark ‘Trussonomics’ fears with worst case scenario ‘no longer unthinkable’ Economics The dollar’s worst case scenario is “no longer unthinkable,” economists have warned, as some draw parallels with the crisis in UK financial markets during the Liz Truss premiership. Alongside plummeting stocks and falling bond prices, the US currency has weakened in the wake of Trump’s erratic tariff agenda, with growing concerns that its status as [...]
Gilt yields rise ahead of Budget as Chancellor Reeves set to increase borrowing Markets Analysts suggested that the increase was largely a result of concerns that Chancellor Rachel Reeves will ramp up borrowing in the budget to fund a major investment programme.