Market Report - close

London close: Stocks slide on income tax U-turn, Fed rate cut doubts

By Michele Maatouk

Date: Friday 14 Nov 2025

(Sharecast News) - London stocks fell sharply on Friday, sterling lost ground and borrowing costs rose amid reports that Chancellor Rachel Reeves has ditched plans to raise income tax at the upcoming Budget, while fading hopes of a US December rate cut and worries about an AI bubble also dented the...

Sign up for free or to read the full story

Email this article to a friend

or share it with one of these popular networks:


Article Archive

Top of Page