Pound falls to lowest in over a year after UK borrowing costs rise

Economists have warned the rise could mean further tax hikes or spending cuts by the government.

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UK government seeks to soothe bond market nerves after borrowing costs soar

Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’
Financial Times - 49m
UK borrowing costs rising - what does it mean for me?

Government borrowing costs have hit their highest level for several years - what does it mean for you?
BBC News - 2h
UK 10-year borrowing costs hit highest level since 2008

Treasury seeks to reassure markets as gilt sell-off threatens the government’s ability to meet its fiscal rules
Financial Times - 1d
Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

Bond selloff drives yield on 10-year UK bonds to highest since 2008 financial crisis. Rise in UK borrowing costs could push Reeves to new public spending cuts Two UK investment trusts have ...
The Guardian - 1d
US applications for jobless claims fall to 201,000, lowest level in nearly a year

U.S. applications for unemployment benefits fell to their lowest level in nearly a year last week, pointing to a still healthy labor market with historically low layoffs
ABC News - 1d
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves

The Chancellor may face the prospect of breaking her own Budget rules
BBC News - 2d
UK long-term borrowing costs hit highest level since 1998

Rising interest costs raise fears about chancellor’s ability to hit revised fiscal rules
Financial Times - 2d
UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds

Firms across hospitality, manufacturing, construction and healthcare expressed concerns about how they would cover additional tax costs.
CNBC - 3d
UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn

Alternative network providers under pressure to demonstrate they can be profitable businesses not just builders
Financial Times - 4d

Pound falls to lowest in over a year after UK borrowing costs rise

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Related

UK government seeks to soothe bond market nerves after borrowing costs soar

UK borrowing costs rising - what does it mean for me?

UK 10-year borrowing costs hit highest level since 2008

Trump ‘considering national economic emergency declaration’ to allow new tariffs; UK 10-year borrowing costs highest since 2008 – business live

US applications for jobless claims fall to 201,000, lowest level in nearly a year

Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves

UK long-term borrowing costs hit highest level since 1998

UK firms plan price rises as business confidence falls to lowest level since 2022 ‘mini-budget', survey finds

UK altnets count cost of ‘gold rush’ end after collective losses surpass £1bn

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