Pound Sterling continues to face selling pressure over ramping UK gilt yields
The Pound Sterling (GBP) continues underperforming its major peers, rattled by rising borrowing costs on the United Kingdom ...
FTSE 100 LIVE: London stocks lower as UK borrowing costs rise again
The yield on 10-year UK gilts rose by three basis points to 4.82%, having this week hit their highest level since 2008.
Tax rise warning after Pound's fall and borrowing costs soar as Rachel Reeves criticised for China trip
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
We don’t need to worry about rise in borrowing costs, minister insists
A Cabinet minister has insisted there is no need to be worried about rising Government borrowing costs after yields on UK ...
Rachel Reeves under pressure to balance the books as UK's borrowing hits 2008 levels
The UK's borrowing costs have hit their highest level since the 2008 financial crisis, putting further pressure on Chancellor ...
Rachel Reeves heads to China as pressure mounts as market turmoil derails government’s economic strategy
The Chancellor has been criticised for continuing with a planned visit to China amid rising yields on government bonds ...
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Treasury braced for mini-Budget as Reeves faces dilemma on tax or public services
Some City figures are expecting the Chancellor to deliver another statement in spring setting out fresh cuts or tax measures ...
Chancellor Rachel Reeves looks for pro-growth measures amid market tumult
Earlier this week the yield on the 30-year gilt hit its highest level since 1998 while the 10-year gilt rose to its highest ...
What rising government debt costs mean for your finances
High government borrowing costs come amid fears that inflation is creeping up again, which could lead the Bank of England to keep rates on hold ...
'She's lost the plot': Cabinet alarm over Labour's market chaos with Rachel Reeves warned she is in 'make-or-break territory'… as Chancellor defies backlash to head fo…
Chancellor Rachel Reeves is en route to Beijing despite demands to cancel the trip and deal with mounting pressure on the ...
Reeves ‘right to go to China’ as pound slumps again
The trip by Ms Reeves, who Ms Nandy said is “relentless in her pursuit of growth”, comes as the pound fell again by as much ...
Reeves ‘will be forced to hold Spring Budget’ to settle gilt jitters, Abrdn predicts
Rachel Reeves will be forced to hold a spring Budget to rein in government spending and settle investors’ nerves, Abrdn has ...