Reeves faces pressure to balance the books as borrowing costs rise
The Chancellor has been criticised for continuing with a planned visit to China amid rising yields on government bonds. | ITV ...
Tumbling pound, threat of strike action and growing debt crisis… bungling Labour are sending us back to the 70s
BRITAIN was having a grim 1970s flashback last night with a debt crisis, the threat of strikes and an under-siege Labour ...
U.K. Bond Yields Hit Highs Not Seen Since 1998 — 2nd Update
The yield on the 30-year gilt, as U.K. government bonds are called, hit 5.455% earlier Thursday, while the yield on the 10-year gilt rose to 4.921%, the highest level since since 2008. The pound ...
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Government says ‘no need for emergency intervention’ in financial markets
The Government has said there is “no need for an emergency intervention” as it sought to soothe concerns over the UK’s shaky financial markets. On Thursday, the value of the pound fell to its lowest ...
Britain is on the verge of a financial crisis. A key U.K. Treasury official says he can't afford a Bloomberg subscription.
According to Bloomberg's website, an annual subscription normally costs GBP235 but at the moment is available for GBP115. Jones may have believed the story was only available on the company's terminal ...
‘Where is the Chancellor?’: Rachel Reeves urged to cancel China trip amid gilt turmoil
Mel Stride has criticised Rachel Reeves for her absence in Parliament as borrowing costs soar, demanding: “Where is the ...
Markets ‘orderly’ despite soaring borrowing costs, says Treasury minister
The Treasury has said UK financial markets are functioning “in an orderly way” despite the pound plunging to its lowest level ...
UK markets are orderly, no need to intervene, minister says
British treasury minister Darren Jones said financial markets continued to function in an orderly way and it was normal for ...
GBP hits three year low as Rachel Reeves' budget bites
Pound Sterling has plummeted to its lowest level since 2023, with Rachel Reeves failing to calm spooked markets. The currency ...
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Burlington expands Net Zero Energy electrification incentives
BED General Manager Darren Springer discusses the new and expanded programs Wednesday. With him are, from left, Kurt Ericksen ...
Reeves Eyes More Spending Cuts If UK Bond Rout Eats Up Headroom
Chancellor of the Exchequer Rachel Reeves will favor fresh cuts to public spending over tax hikes if soaring UK borrowing ...
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Exclusive: Fulham ‘will be charged’ over Wilson incident v Ipswich
Fulham are expected to be charged by the FA over what Harry Wilson and others did in the 2-2 draw with Ipswich, according to the ex-official.