Gilt investors warn Rachel Reeves she may need to raise taxes

Contributing sentiments towards policy:

61% : Mahmood Pradhan, head of global macro at Amundi Investment Institute, said the UK government "should not be boxing itself in by ruling out tax increases" and that "pledges of spending restraint alone may not be sufficient to convince the markets".
51% : Robert Dishner, senior portfolio manager at Neuberger Berman, said the government could consider tweaking policies such as the rise in employers' national insurance costs, to reduce its inflationary effect, and even consider commissioning an external review of government spending efficiency.
50% : The government could take "corrective actions", Mann said, such as a real-terms spending squeeze in so-called unprotected departments such as local government, or extending a freeze in personal income tax thresholds beyond 2028.
40% : On Tuesday, Reeves told Parliament she was "absolutely committed" to sticking to her fiscal rules as she brushed off questions from MPs over whether she would be forced to cut public spending.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.