Word coming in: UK's upcoming budget is eyeing a massive £26 billion tax hike—that's roughly $34 billion for those keeping score in dollars. This kind of fiscal tightening usually sends ripples through markets. Investors hate uncertainty, and when governments squeeze harder, capital tends to get jittery. Worth watching how this plays out across risk assets in the coming weeks.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

14 Likes

Reward
14
6
Repost
Share

Comment

0/400

OnchainHolmes

· 11-29 14:52

Taxes are going up again, the UK is being a bit harsh this time, 26 billion pounds just got dumped... risky assets are going to be in trouble, right?

View OriginalReply0

BlockchainWorker

· 11-26 15:54

Here comes the Be Played for Suckers again, this wave of operations in the UK is directly a dumping warning.

View OriginalReply0

RektRecovery

· 11-26 15:54

ngl, uk gov doing the classic "squeeze harder and hope nobody notices" move... been calling this fiscal death spiral for months tbh. watch the usual suspects panic-dump their bags when reality hits different

Reply0

HackerWhoCares