UK budget U-turn just next stage of 'economic suicide', say ECM bankers
![London, UK. 14th Oct, 2022. Newly appointed UK Chancellor of the Exchequer Jeremy Hunt leaves 10 Downing Street in London, Britain, on Oct. 14, 2022. Jeremy Hunt, former foreign secretary of the United Kingdom (UK), has been appointed as chancellor of the](https://assets.euromoneydigital.com/dims4/default/c04e8cf/2147483647/strip/true/crop/575x375+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F9a%2Fb7%2Ffdf380f74b3eb17caca878bbc76a%2Fjeremy-hunt-alamy-575-375.jpg)
Stocks and Gilts trade up but market participants doubt ECM activity will return
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