Budget 2020: FTSE down but currency remains flat

UK gilt yields drop slightly

James Baxter-Derrington
Budget 2020: FTSE down but currency remains flat

The FTSE 100 has dropped 0.52% as Chancellor Rishi Sunak finished announcing the 2020 Budget, having peaked on early trading when it was up 2.1%.

The index tracking the UK's largest companies had lost its earlier gains and had dropped to -0.02% as the Chancellor began speaking, and while turbulent throughout the speech, even poking its head into...

To continue reading this article...

Join Professional Adviser


  • Unlimited access to real-time news, industry insights and market intelligence.
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters.
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection.
  • Members-only access to the editor’s weekly Friday commentary
 Be the first to hear about our events and awards programmes.



Already a Professional Adviser member?


More on Economics / Markets