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UK borrowing costs jump, stocks slide as budget speculation mounts

Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg | Bloomberg | Getty Images British government bond yields rose sharply on Friday following reports Finance Minister Rachel Reeves is no longer planning to raise income tax rates in the Autumn Budget later this month. The yield…

European Stocks Rebound, Swiss Stocks Dip on Shock US Tariffs

Cs news1 year ago1 year ago04 mins

(Bloomberg) — European shares recovered after sliding by the most since April in the previous session, while the Swiss market retreated as traders had their first opportunity to react to a 39% US export tariff. Most Read from Bloomberg The Stoxx Europe 600 Index gained 0.9% by the close, with banks and insurance stocks outperforming…