British government bonds, stocks and sterling tumble as budget rumours swirl

British government bonds, stocks and sterling tumble as budget rumours swirl

UK’s Reeves ditches plan to raise income tax rates Gilt yields up sharply, FTSE falls Euro rises to highest since 2023 vs pound LONDON, Nov 14 (Reuters) – British markets were whipped around on Friday, with sterling, government bonds and stocks suffering steep losses as speculation swirled around the UK government’s highly-anticipated November 26 budget….

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Former Bank of Communications VP probed by China's anti-graft watchdog, state media reports

Former Bank of Communications VP probed by China’s anti-graft watchdog, state media reports

Information you can trust Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world’s media organizations, industry events and directly to consumers. Source link

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