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Markets hostile to Reeves's budget - but we're not in crisis territory yet

Sky News
Summary
Nutrition label

72% Informative

The pound has fallen sharply and gilt yields - the interest rate paid by the government - have risen sharply.

That's precisely the opposite market reaction to the one chancellors like to see after they commend their fiscal statements to the house.

The new government just committed itself to considerably more borrowing than its predecessors.

And that money has to be borrowed from someone - namely, financial markets.

Financial markets are now reassessing how keen they are to lend to the UK .

VR Score

77

Informative language

75

Neutral language

74

Article tone

informal

Language

English

Language complexity

35

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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