Borrowing Costs Rise

U.K. borrowing costs rise in volatile trade after budget delivered

U.K. government bond yields were volatile on Wednesday as traders initially welcomed news that the government would prioritize tax rises ahead of increased borrowing as it strives to fill a fiscal ...

Business - MarketWatch - 5 hours ago

UK borrowing costs rise as Reeves’ spending plans unnerve investors

Ten-year gilt yield hits five-month high after chancellor’s first Budget

Business - Financial Times - 3 hours ago

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

Bond market braced for rise in UK debt issuance to £300bn this year

Investment banks pencil in second-biggest annual gilt sales figure on record ahead of Labour’s first Budget

Business - Financial Times - 2 days ago

Cost of upgrading six miles of A9 rises to £308m

The total cost of the dualling project was originally estimated to cost £197m.

Fortescue Iron Ore Shipments, Costs Rise

The company reiterated an annual production forecast of between 190 million and 200 million tons for the year through June 2025.

Business - The Wall Street Journal - 6 days ago

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - 12 hours ago

UK ministers pledge crackdown on rising car insurance costs

Watchdogs, industry and consumer groups instructed to join taskforce as part of push to tackle ‘spiralling’ prices

Business - Financial Times - October 15

The difference between Harris and Starmer

A cautious politician is easier to elect than an ambiguous one

Business - Financial Times - October 16

Empty Tables and Rising Costs Push More Restaurants Into Bankruptcy

Red Lobster, Roti and other chains are closing locations as chapter 11 filings grow.

Business - The Wall Street Journal - October 21

UK to slash overseas aid in Budget as asylum seeker costs rise

International development organisations warn country’s contribution could slump to its lowest level in 17 years

Business - Financial Times - October 22

Rising insurance costs are another storm gathering over commercial real estate

Skyrocketing insurance premiums are a growing problem — and not only for homeowners.

Business - MarketWatch - October 23

The cost of rising number of injuries in European soccer nears $800 million, report finds

An annual report says the rising number of injuries to top soccer players came at a cost of nearly $800 million across Europe’s leading leagues last season

Sports - ABC News - October 15

Rio Tinto's Australian Iron Ore Output Rises, but Miner Cautions on Cost Inflation

The world’s second-biggest miner by value said it produced slightly more iron ore from its Australian operations in the third quarter of 2024 but cautioned on inflation pressures.

Business - The Wall Street Journal - October 15

What are the cheapest borrowing options this November?

Trying to find the most affordable loans right now? These options come with some of the lowest rates available now.

UK public borrowing exceeds official forecast in September

Data comes as chancellor Rachel Reeves prepares to raise taxes in next week’s Budget

Business - Financial Times - October 22

Treasury trims fourth-quarter borrowing estimate

The Treasury Department said Monday that it expects to borrow $546 billion in the fourth quarter, which is $19 billion lower than previously estimated.

Business - MarketWatch - 2 days ago

Chris Mason: Big tax, borrowing and spending plans

BBC Political Editor Chris Mason decodes the big plans revealed in Rachel Reeves first budget.

Corporate debts mount as credit funds let borrowers defer payments

Use of payment-in-kind loan terms is growing as companies struggle with heavy leverage and high interest rates

Business - Financial Times - October 14

UK ministers seek to reassure bond investors on their borrowing plans

Treasury chief secretary Darren Jones sets out ‘guardrails’ for investment

Business - Financial Times - October 17

Why home equity borrowers shouldn't wait for the November rate cut

If you need to access your home equity consider acting now, before a potential November rate cut. Here's why.

White House extends repayment freeze for 8 million student borrowers

Student loan payments for people enrolled in the Biden administration's SAVE plan will remain on hold for at least six more months.

2 cheap ways to borrow $100,000 worth of home equity right now

Need to borrow $100,000 from your home equity? Here are two of the cheapest ways to do so right now.

Lloyds Banking Beats Views as U.K. Borrowers Remain Resilient

The U.K.’s largest mortgage provider confirmed its full-year guidance after pretax profit fell by less than expected on lighter impairments for bad loans as British borrowers remained resilient ...

Business - The Wall Street Journal - October 23

Biden Administration Floats Student Loan Relief for Borrowers Facing Hardship

The proposal, which faces tough legal prospects, would offer forgiveness to millions of borrowers who are unable to pay back their loans because of financial setbacks.

Business - The New York Times - 4 days ago

Beijing considers $1.4 trillion borrowing increase to support economy: Reuters

Fresh stimulus would help local authorities resolve off balance-sheet debt

Business - MarketWatch - Yesterday

Small Business Owners More Confident About Borrowing After Rate Cut

Entrepreneurs and the banks that finance their expansions and upgrades are more optimistic, as refinancing and new loans get easier.

Business - Inc. - Yesterday

Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy

The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.

World - The Wall Street Journal - 6 hours ago

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 13 hours ago

The rise of AI celebrity endorsements

AI-generated images of celebrities endorsing political candidates are spreading quickly. Learn how to spot the fakes and avoid being misled.

The long end keeps on rising

And emerging markets in a no-landing scenario

World - Financial Times - October 22

4.8M borrowers, including 1M in public service, have had student debt forgiven, Biden admin says

The Biden administration announced it has provided student debt relief to more than 1 million borrowers who work in public service and 4.8 million borrowers in total.

Biden forgives more student loans: 60,000 borrowers will get notices canceling $4.5 billion in debt

The Biden administration announced on Thursday that it was forgiving another $4.5 billion in student debt for over 60,000 borrowers.

Business - CNBC - October 17

Biden extends student loan payment pause by 6 months for 8 million SAVE plan borrowers

Student loan payments for some 8 million borrowers will remain on pause for six months or longer, a spokesperson for the U.S. Department of Education said.

Business - CNBC - October 21

Latest in Borrowing Costs Rise