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What to expect from the U.K. Autumn Budget statement

Por: MarketWatch Politics November 16, 2022

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The yield on the 10-year gilt was up by 3 basis points at 3.324% on Tuesday morning, but had shot up to highs of 4.514% after the mini-budget. The pound was up 0.1% to $1.1878 on Tuesday. It flailed and hit historic lows below $1.04 after Kwarteng’s budget. Here’s what to expect from the announcement on Thursday:Tax rises Hunt already told over the weekend that everybody in the U.K. will end up “paying a bit more tax,” and economists are... + full article



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