UK stock market rally hits "budget test"! Tax hikes, gilt yields and consumer pressure tug at market nerves.

Zhito Finance APP has learned that since the beginning of this year, the UK's FTSE 100 Index and FTSE 250 Index have risen 8% and 9% respectively, both outperforming the 5.6% gain of the Euro Stoxx 50 Index. Since the start of this month, UK large-cap stocks have been particularly strong, driven by strength in the energy, consumer staples, and healthcare sectors, which together account for about 40% of the FTSE 100's weighting. At the same time, lower valuations and more stable UK gilt yields have boosted mid-cap stocks.