Markets ‘orderly’ despite soaring borrowing costs, says Treasury minister

The transcript discusses the impact of data and geopolitical events on markets, highlighting the stability of UK gilt markets and strong demand for EU KS debt. It outlines new fiscal rules and growth initiatives, such as investment and planning reforms. The text also addresses rising borrowing costs and political promises related to debt and economic growth, noting the economy's current challenges.

How has the UK gilt market been described in the text?

What are the tough new fiscal rules mentioned in the text?

What has been the impact of the Chancellor's decisions on borrowing costs?

What was the promise made by the Labour party before the election regarding debt?

What does the text suggest about the current state of the economy?