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Live News EQUITY FLASH L impact

Sterling edges higher as U.K. Treasury chief backs growth plans

Sterling rose slightly as gilt yields pared an earlier rise following U.K. Treasury Chief John Healey’s first speech pledging government plans to drive economic growth.

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10:51:18 AM UTC
SquawkNews
John Healey's first speech as U.K. treasury chief gave little away ahead of his first budget on Oct. 28, focusing mainly on growing business investment, Kathleen Brooks at XTB says in a note. "This is one way to boost public sector spending without adding pressure to the national debt, since this s…

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