FTSE falls as gilt yields keep rising and dashed US rate cut hopes hit stocks - A combination of rising borrowing costs and ...
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about ...
In the autumn of 2022, the Bank of England stepped in to calm markets after some types of pension funds were at risk of collapse following the “mini-Budget” by Ms Truss and her Chancellor Kwasi ...
LONDON (Reuters) - Britain's finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market ...
The situation marks a profound change from before and during the covid-19 pandemic, when bond yields were heading to all-time lows.
But there is an important catch. Central banks generally make rapid interest rate cuts when they are worried about the ...
The soaring cost of British government debt is a disaster for Rachel Reeves. But savvy investors have already found out a way of taking advantage to bag a tidy profit.
Rachel Reeves is under intense pressure after Sir Keir Starmer refused to guarantee her long-term future in No 11 as the ...
The pound has been left under pressure amid an intensifying sell-off in government bonds as Chancellor Rachel Reeves faces ...
The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have ...
The pound has dropped to its lowest value against the dollar since November 2023 while government borrowing costs have ...
Truss herself accused the Chancellor of pushing Britain “to the brink of an economic crisis”. Shadow Chancellor Mel Stride ...