FTSE falls as gilt yields keep rising and dashed US rate cut hopes hit stocks
A combination of rising borrowing costs and dashed hopes of an imminent rate cut in the US hit London’s premier stock index.
Pound falls again and UK borrowing costs hit new high as Rachel Reeves flies back from China into economic storm
Rachel Reeves was flying back from China into an economic storm as the Pound lost further ground against the Dollar and the ...
Sterling extends slide as dollar rallies, gilt yields rise
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about ...
Pension schemes 'can cope' with Pound's fall and UK borrowing cost rise as it's no Truss 'mini-budget' crisis
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 ...