I'm not seeing any dramatic changes on HL. Possibly anything below 10 years isn't affected. I suppose it could develop - there must be a lot of investors / traders poring over the detail this afternoon.

NB A Gilt buying opportunity would be appreciated given that unsheltered equities are less attractive.

Real time yield charts for 2yr and 10yr gilts at
https://www.marketwatch....mkgb-02y?countrycode=bx
https://www.marketwatch....mkgb-10y?countrycode=bx
shows it had more impact at the short end. Which makes sense... there's a lot more budgets and potential change to come before a 10 year gilt matures than one just 2 years out.

So far this is small stuff... Truss moved yields by 0.75% I think, but on a timescale of weeks and it may take time for this to play out. Bond markets seem to move like treacle when you're used to watching equities.

IGLT gilts tracker down from 10.3 at 12:00 to 10.2 now, ~1% down. Which is what you'd expect from an ~8 year duration fund (which is what IGLT claims to be) being hit bu a ~0.12% interest-rate surprise.

The ISA and SIP.P allowances are unchanged and will be reduced by inflation for the next few years, not too bad. Including SIPPs in IHT was always likely as Labour's client state, the public sector, on DB's don't have a lump of cash to bequeath. Hopefully, we'll all live long enough for the policy to reverse!

Overall disappointing - non-doms, private equity, all the tax dodgers let off the hook again. They'll be laughing all the way to their offshore bank

Still, the work of clearing up after the corrupt and useless Conservatives has begun. Think of it as like paying for a deep clean after a Bullingdon club dinner.