Home | FCA & regulatory news | British English edition
Trade Hub UK

Independent coverage of UK markets, FCA policy and institutional trading

AD Bank of England Statistics AD Investing.com Markets AD LSEG Data AD CME Group Education
FCA & Rules

Chancellor to argue UK economy can ‘turn corner’ despite bond market turmoil

Chancellor to argue UK economy can ‘turn corner’ despite bond market turmoil

John Healey will argue the government’s plans to boost growth across the whole country will enable the British economy to “turn a corner” despite anxiety over volatile bond markets derailing Labour’s crucial first budget.

The chancellor is expected to argue that fiscal discipline is “indivisible” from good growth, especially at a time of difficult global headwinds, amid concerns that his cautious approach jars with Andy Burnham’s more radical policy plans.

Continue reading...