UK Treasury open to smaller fiscal headroom to reduce tax hikes, FT reports

UK Treasury open to smaller fiscal headroom to reduce tax hikes, FT reports

​British ​finance ‌minister John Healey ​may ‌accept a smaller fiscal buffer to ‌reduce tax rises ‌in next month’s budget as ⁠investors ​signaled ⁠the gilt market would not ⁠be spooked ​by a more ⁠modest headroom target, ⁠the ​Financial Times reported on ⁠Wednesday.

Reuters could not ⁠immediately verify ⁠the report.

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