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The Economic Times
The Economic Times
Business

UK gilts steady, sterling dips as markets assess new British finance minister

John Healey Andy Burnham United Kingdom Sir Keir Starmer Fiscal Policy

Sterling dipped slightly but UK gilts held steady on Tuesday a day after John Healey ​was appointed as Britain's finance minister, and as investors awaited fresh signals on the newleadership's fiscal policy.

The pound trimmed early gains against the dollar and was last trading down 0.15% at around $1.34. It fell 0.19% against the euro, which traded at around 85.15 pence.

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