UK gilt yields hit multi-decade highs, with 10-year yields at 4.90% and 30-year at 5.40%. The pound slumped to a 14-month low ...
The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank borrowing ...
Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring UK borrowing ...
Mortgages, employment and the economy - High government borrowing costs come amid fears that inflation is creeping up again, ...
The cost of borrowing for the UK government surged to its highest level for almost 17 years on Wednesday amid a sell-off in ...
The rising cost of borrowing means "there is a significant chance that the OBR will judge that the Chancellor Rachel Reeves ...
Rachel Reeves is facing her first major test as Britain's finance minister after the government's borrowing costs jumped ...
Yields on government bonds – which reflect the cost of government borrowing – continued to rise, up eight basis points to ...
Britain's long-term government borrowing costs hit their highest since 1998 on Tuesday, adding to the problems facing finance ...
Gilt yields have risen strongly over the past few months and with a yield of 5.3%, the 30Y is at its highest level since 1998 ...
The rising SEN bill also gobbled up potential savings of £1.2bn as a result of a 2 per cent fall in the number of school-aged children in England between 2025 and 2027 as a “demographic bulge” caused ...