Chancellor Rachel Reeves emphasized her adherence to fiscal rules, balancing day-to-day spending against tax receipts, amidst rising borrowing costs linked to global markets.
Despite uncertainty, Ms Reeves has maintained her commitment to only one Budget per year, insisting on further and faster action in light of recent market turmoil.
Reeves faced criticism after a politically tumultuous week where the pound fell and bond yields rose, which some attributed to her recent trip to China.
The recent auction of 30-year inflation-linked gilts showed diminished demand compared to last year, widening the Chancellor's fiscal challenges.
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