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UK Public Finances Overshoot Give Chancellor Little Room for Giveaways

UK Public Finances Overshoot Give Chancellor Little Room for Giveaways 1131 GMT - The U.K. s May public finances limit Chancellor Jeremy Hunt s fiscal headroom, with net borrowing excluding banking at GBP20.05 billion, above consensus expectations .

FTSE 100 Closes Down 0 1% Amid UK Interest Rate Hike Fears

The FTSE 100 index continued to fall and closed Wednesday down 0.1% to 7559 points, dragged by house builders as investors reacted to a higher-than-expected inflation numbers and a sharp rise in gilt yields, CMC Markets UK chief market analyst Michael .

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