
Macro - Weekly Briefings - United Kingdom
Description
A volatile week for gilts demonstrated the importance of the UK government maintaining a credible commitment to fiscal discipline. As things stand, Chancellor Rachel Reeves will likely need to tighten policy by £20bn-£30bn in the Budget this autumn. Most of the savings will come from further tax hikes, with an extension of the freeze on most thresholds the most likely option.
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5 Pages
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