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UK government bond yields surged to multi-decade highs today, and sterling slid sharply, as political uncertainty and fiscal concerns unsettled markets.

Markets  fear chancellor Rachel Reeves was being "managed out," recalling that yields spiked when her position was last seen as under threat in July.

The 30-year gilt yield jumped to 5.71%, its highest level in 27 years. Brokers said that investors were uneasy about the rising costs of servicing.

Edited by vladi
rephrased

26th November when the the budget will be unveiled and we'll be told what how much more tax they'll be taking to bleed us dry. If you thought the last budget was bad, you ain't seen nothing yet.

It will come to a stage where we don't own anything because the State with it's taxes has left us skint.  

See https://www.youtube.com/watch?v=_julGIAPSwI&t=3s

This is how unpopular this Government is https://www.bbc.co.uk/news/articles/c7545yz0171o#comments

Edited by jazzer
addition

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