UK Budget: Hunt sticks to what was expected, and markets are grateful for that

So, all in all, Hunt’s budget is not seen to provide a material impact on the UK economy, but it has also avoided getting in the way of the Bank of England’s plans, which markets are grateful for. The next few months are going to be tough for the UK economy, both economically and politically, so the BoE and politicians are likely to keep a close eye on each other, making sure they don’t get in each other’s way.