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Markets react on second open after budget – as traders concerned over some announcements

File photo dated 04/10/16 of an electronic ticker tape showing the FTSE 100 inside the London Stock Exchange. The FTSE 100 is celebrating its 40th anniversary, as firms from Barclays to Sainsbury's remain a fixture of the UK's top stock market index. Dubbed the Footsie, the index containing the biggest 100 companies on the London Stock Exchange (LSE) launched on January 3 1984. Issue date: Wednesday January 3, 2024. Pic: Nicholas .T. Ansell




The cost of government borrowing has jumped, while UK stocks and the pound are up, as markets digest the news of billions in borrowing and tax rises announced in the budget.



Source link : https://news.sky.com/story/markets-react-on-second-open-after-budget-as-traders-concerned-over-some-announcements-13245812

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Publish date : 2024-11-01 06:18:00

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