Jonathan Cook
on September 22nd, 2025 Halloween is over a month away, and the autumn budget another month beyond that, but the latest government finance report was enough to spook the skittish bond market. Borrowing costs rose again on Friday, piling yet more pressure on the pound and the chancellor. Reeves faces a major fight to get her house in order before the trick-or-treaters arrive.
GBP/USD: the past year
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