UK Chancellor Healy said the UK faces a global economic storm.

Capital.com analyst Daniela Hasson said downside risk to gilts and sterling from Wednesday’s UK budget is larger than any potential upside if fiscal measures reassure markets. Markets have been relatively calm ahead of the announcement, implying expectations of cautious fiscal policy. If the budget soothes doubts, gilt yields could fall and sterling receive support, but upside may be limited because markets already price in mild outcomes; conversely, disappointing fiscal forecasts could trigger a markedly larger negative reaction.

英國財政大臣希利：免稅個人儲蓄賬戶額度維持在2萬英鎊。