BusinessPhoto: Mint MarketsUK Budget Faces Test Amid Renewed Stock Market Appeal
The upcoming UK budget is a critical test for the country's stock market, which has gained renewed interest from global investors. The FTSE 100 and FTSE 250 indices have risen 8% and 9% respectively this year, outperforming the Euro Stoxx 50. Large caps, driven by energy, staples, and healthcare, have led gains, while mid-caps benefit from cheap valuations and stable gilt yields. The budget will be closely watched for tax or consumer support measures amid limited fiscal space.
Mint Markets·



