Wise flags currency risks to UK business margins ahead of Autumn Budget
Bitget2026/10/21 10:15- Wise Group analysis highlights currency and borrowing-cost risks for UK businesses ahead of the October 28, 2026, Budget.
- UK 30-year gilt yields reached 6.04% on October 7; 10-year yields hit 5.53% on October 8.
- Markets are pricing in around a 1% rise in UK interest rates over the next year, increasing business financing risks.
- GBP/USD fell 3.5% from August to early October, exposing internationally active businesses to margin pressure.
- UK public debt exceeded £3 trillion, increasing pressure on Chancellor John Healey to reassure markets about public finances.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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