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.

($1 = ‌0.7556 ‌pounds)