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 ...
Goldman Sachs sees UK asset sell-off amid growth concerns
However, the path forward is uncertain, and a sustained relief for Gilts may require support from global duration trends. In the foreign exchange domain, Goldman Sachs expects the Pound to gain ...
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.
Analysis-UK's Reeves Struggles to Find Ways Out of Market Slump
LONDON (Reuters) - Britain's finance minister Rachel Reeves and Prime Minister Keir Starmer are seeking to stem a market ...
Why global bond markets are convulsing
The situation marks a profound change from before and during the covid-19 pandemic, when bond yields were heading to all-time lows.
How to profit from Rachel Reeves’s bond nightmare
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.
Pressure mounts on Reeves as Starmer refuses to guarantee future of her job
Rachel Reeves is under intense pressure after Sir Keir Starmer refused to guarantee her long-term future in No 11 as the value of the pound fell and Government borrowing costs remained high.
Sterling at 14-month low as gilt yields rise again
The British pound extended its recent drop against the dollar and the euro on Monday driven by investor concerns about Britain's fiscal sustainability as gilt yields rose for a sixth straight day.
London stocks slide as markets stay wary of global rate outlook
British equities slipped on Monday, caught up in a global selloff as investors shied away from risky assets following a U.S.
Rachel Reeves flies back from China into economic storm as Pound falls and UK borrowing costs hit new high
Rachel Reeves was flying back from China into an economic storm as the Pound lost further ground against the Dollar and the ...