金融市场

Labour could borrow more without UK bond market backlash, say investors

Relaxing fiscal rules unlikely to provoke a Liz Truss-style gilts crisis, according to fund managers
Rachel Reeves emphasised that Labour would focus on growing the economy as ‘the only way out of this mess’

A new Labour government could raise extra money for investment from bond markets without causing a Liz Truss-style gilts crisis, according to fund managers.

Shadow chancellor Rachel Reeves has promised to retain the Conservative government’s commitment that debt as a proportion of GDP must be on track to fall in five years if Labour wins the July 4 election.

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