Macro Finance
Pimco Would Welcome 2027 UK Fiscal Deficit of Around 3.5%
Bloomberg Markets·October 28, 2026·1 min read
Pimco economist Peder Beck-Friis says a UK fiscal deficit of around 3.5% of GDP in 2027 would be welcome news for the gilt market. He highlighted the Office for Budget Responsibility's forecast as the critical metric ahead of Chancellor John Healey's budget announcement, speaking on Bloomberg Television.
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