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UK 30-year gilt yield hits 5.82%, highest since 1998, squeezing fiscal headroom
Guardian WorldLO·GB·about 24 hours ago
The British government, facing funding gaps for new initiatives while ruling out key tax increases, is increasingly considering higher taxes on capital, real estate, and wealth. The proposal is at a discussion stage, with no formal policy announced. This signals a potential shift in UK fiscal policy that could affect investment and asset markets.