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UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts
Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...World - The Guardian - October 31 -
GB Energy gets just £100mn over 2 years in Budget despite £8bn pledge
Sum raises questions over state-owned company’s ability to help meet 2030 target for decarbonisationBusiness - Financial Times - November 1 -
Some UK non-doms to pay exit charges on trusts after Budget changes
Move to target wealthy foreigners comes as government makes several concessions to stem flow out of BritainWorld - Financial Times - November 1