UK markets tumble as Reeves tax U-turn fuels budget jitters #europe

It's been a roller coaster day for UK financial markets. A report in the day's early hours that Chancellor Rachel Reeves was going to drop plans to raise income taxes caused the pound to tumble. UK borrowing costs soared.Then only an hour later, we reported that the reason this was being dropped was because forecasts for the country are looking better. That caused those moves to pair a little. Speculation about the budget is becoming more feverish as we head toward the November 26th announcement.And today's ...