October 2010. The modest gains made by Gilts and UK equities on the afternoon of 20 October were in contrast to the large quantities of newsprint used to report on the key event of the day: the UK government’s Comprehensive Spending Review (CSR). However, the CSR does appear to be fundamentally positive for UK financial assets. This paper assesses the likely impact of the CSR on the UK economic outlook as well as its effect on Gilts, sterling and equities.
Impact of the CSR on UK financial assets
