UK Chancellor prepares cautious budget to reassure bond investors
- 1UK Chancellor John Hillie is preparing a cautious budget to reassure bond investors.
- 2The Treasury is considering higher taxes on banks to provide temporary support for households struggling with rising energy costs.
- 3The Chancellor's fiscal buffer is at least 15 billion pounds, which is more than 20 billion dollars.
So what's the key point?
The UK Chancellor is carefully designing a budget to reassure bond investors. The plan involves collecting more taxes from banks to create a fiscal buffer of over 15 billion pounds.
Source Investing.com · View original ↗
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