Fresh woes for pound and long-term borrowing costs after US data
There's more bad news for the chancellor to digest on her trade mission to China as financial market moves continue to weigh on her stewardship of the economy.
UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening
UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the government’s tax and spending plans. Yields on gilts, as UK government bonds ...
MoneyWeek23m
Is now a good time to buy UK housebuilders?
Recent share price falls could make UK housebuilder stocks undervalued, though there is a great deal of market uncertainty to ...
Bond sell-off driven by Trump's threat to implement tariffs, say economists
The cost of long-term government borrowing climbed again on Friday, sitting just below the historic highs reached in recent ...
Reeves faces 'difficult decisions' on tax and spending
Chancellor Rachel Reeves faces "difficult decisions" if she wants to meet her self-imposed financial rules after borrowing ...
UK gilt selloff triggers pension cash calls in first big test since 2022 crisis
Some British pension funds are being told by asset managers to come up with more cash to support their hedging positions ...
How Rachel Reeves' debt 'nightmare' has chilling echoes of 1976 when Britain was the 'sick man of Europe' with an economy in crisis that forced it to go 'cap in hand' f…
Such is the extent of Britain's current economic troubles, Chancellor Rachel Reeves ' plight has been compared to that of her ...
Nationwide makes huge change to 55 savings accounts and 34 ISAs
For ISA products, Nationwide will be reducing interest rates on as many as 34 deals. Most of these ISAs are also easy access ...
Trader confidence in sterling takes a dive on bond market turmoil
Traders' confidence in the pound has taken its biggest dive this week since the 2022 UK budget crisis, according to the ...
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 ...
Bank of England boss jets off as UK economy hits crisis and pound plunges
Andrew Bailey has joined Chancellor Rachel Reeves and senior financial figures including the Chair of HSBC on a trip to China ...
Canada’s Liberal Party to decide who will be the country’s next prime minister on March 9
Canada’s governing Liberal Party will announce the country’s new prime minister March 9 after a leadership vote that follows ...