Reeves’ fiscal bind and the investor response

With the Autumn Budget just months away, Aubrey’s Anna Macdonald looks at the implications of any changes on UK assets.

The UK’s Autumn Budget has been delayed until 26 November, the latest possible date. The postponement reflects the scale of the challenge confronting the Treasury, but it also extends a period of uncertainty at a critical time for the economy.

For investors, the question is not simply what Chancellor Rachel Reeves will announce, but how constrained she is by political promises and fiscal rules, and what this means for the attractiveness of UK assets.

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