Reeves’s plan to ditch income tax rise prompts government bond sell-off

theguardian.com/business/2025/nov/14/rachel-reeves-plan-income-tax-rise-bond-sell-off-pound-dollar-markets

Switch in budget plan causes cost of UK government borrowing to rise by the most in a single day since early July
What are Reeves’s options after U-turn on income tax rates?
UK bond markets took fright on Friday after it emerged that Rachel Reeves had ditched plans for a…

This story appeared on theguardian.com, 2025-11-14 18:04:51.
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