UK's Jeremy Hunt Pledges Inflation Will Be Lower Next Year
· 24.11.2023 · 17:00:28 ··· ··· Friday ·· 5 (5)
Bloomberg Quicktake: Now "I will not take risks with inflation." UK Chancellor Jeremy Hunt says the measures he's announcing in his Autumn Statement will "make inflation lower next year than it would otherwise have been."
The UK kept its bond issuance plans little changed for the current fiscal year, surprising a market that was bracing for a larger cut and weighing on gilts.
The Debt Management Office said Wednesday it will issue £237.3 billion ($296 billion) of government bonds in the fiscal year 2023 to 2024, broadly in line with the £237.8 billion plan announced in April.
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