The most exciting thing about budgets used to be that traders made prices on the length of the chancellor’s speech.
Some were more impactful than others, but often not much resulted from them. There are obvious exceptions, with Liz Truss' not-so-Mini-Budget in September 2022 standing out. That hit like a bolt of lightning; however, the Budget that Chancellor Rachel Reeves will deliver in a few days' time must be the most anticipated in living memory. It does not matter where I am – it is the focus of conversation in the office, in meetings with clients, at home, or in my local pub. Investor appetite diverges by age as Budget worries sour older generations The topics vary depending on the v...
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