- Says focused on delivering mini budget
- Asked about reports of u-turn on corporation tax, says his total focus is on delivering mini budget
- Says it is a very dicey situation globally
- Says he will be finance minister next month and that he's not going anywhere
The U-turn reports had helped the pound and gilts earlier. He's not exactly offering a strong denial here. The real test will be next week when the BOE gets out of the way. We get the first BOE buyback data in about 8 minutes.
UK 30s are down 28 bps to 4.61% today but were as low as 4.45%.
