Tag: minibudget
Market: The surge in British rates does not reflect the scenario of the “mini-budget” crisis
by Yoruk Bahceli and David Milliken LONDON (Reuters) – British government bonds show their steepest decline since the autumn 2022 “mini-budget” crisis, taking the two-year yield to its highest level…
Resignation of Liz Truss: from Brexit to the “mini-budget”, the miscalculations of the tories
Liz Truss announced her resignation on Thursday, 44 days after her appointment. Daniel LEAL / AFP DANIEL LEAL/AFP DECRYPTION – The British Prime Minister, who resigned on Thursday, is the…
UK finance minister defends mini-budget despite financial chaos
After the announcement of this “mini-budget”, the pound sterling hit a historic low on Monday, leading the central bank to intervene urgently. After a week of financial market chaos, UK…