John Healey Reportedly Inclined to Delay Higher Taxes Amid Bond Yield Rises
UKPulse Money Desk
John Healey, the finance minister, is reportedly inclined to 'hang on' and allow matters to settle before pursuing higher taxes, following a challenging week where global bond yields increased.
- Finance Minister John Healey is reportedly considering delaying higher taxes.
- The inclination to wait comes after a 'gruelling week' for Healey.
- Global bond yields increased while Healey met with finance ministers in Asheville.
Finance Minister John Healey is reportedly inclined to 'hang on' and allow matters to settle before moving towards higher taxes. This follows a challenging period for Healey, during which global bond yields increased.
Healey's reported inclination emerged after a week described as 'gruelling', which included meetings with fellow finance ministers in Asheville.