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Reeves to press ahead with plans to borrow billions for investment
Exclusive: chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises
Rachel Reeves is pushing ahead with plans to borrow billions of pounds extra for infrastructure investment, the Guardian has learned, despite concerns about the rising cost of UK government debt.
The chancellor told the cabinet on Tuesday she wanted to change how the Treasury accounted for capital spending to reflect its benefits, as allies say she intends to finalise her debt rule in the coming days.
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Business - Financial Times
UK borrowing costs climb as Reeves walks ‘tightrope’ over spending plans
Gap between yields on gilts and German bonds has reached widest in more than a year ahead of Budget11 hours ago - United Kingdom -
World - Financial Times
FirstFT: Wild day for Chinese stocks after weeklong holiday
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Business - MarketWatch
Pfizer’s bondholders cheer news of activist investor Starboard’s $1 billion investment
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FTX Customers Will Get Back Billions After Judge OKs Bankruptcy Plan
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Top stories - ABC News
Harris says no peace talks with Putin without Ukraine; says she's a Glock owner
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FTX creditors will make money on bankruptcy: $1.19 for every dollar
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Ahead of hurricane strike, Floridians should have a plan, a supply kit and heed evacuation advice
Emergency managers say having a plan and an emergency kit before Hurricane Milton strikes is paramountYesterday
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Middle East crisis live: Israeli airstrikes kill 36 people in Lebanon and seven in Syria, officials say
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Giggling Elon Musk revisits ‘joke’ about Kamala Harris assassination
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Anger and disgust in Mexico over beheading of newly sworn-in city mayor
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