The yield on 10-year UK gilts rose by three basis points to 4.82%, having this week hit their highest level since 2008.
Rising cost of borrowing piles pressure on UK fiscal rules and government’s promises, but politics make cuts complicated ...
Sir John Gieve, former Deputy Governor at the Bank of England, said the Chancellor may have to hike taxes or impose some ...
The UK's borrowing costs have hit their highest level since the 2008 financial crisis, putting further pressure on Chancellor ...
The Chancellor has been criticised for continuing with a planned visit to China amid rising yields on government bonds ...
Some City figures are expecting the Chancellor to deliver another statement in spring setting out fresh cuts or tax measures ...
Earlier this week the yield on the 30-year gilt hit its highest level since 1998 while the 10-year gilt rose to its highest ...
High government borrowing costs come amid fears that inflation is creeping up again, which could lead the Bank of England to keep rates on hold ...
Chancellor Rachel Reeves is en route to Beijing despite demands to cancel the trip and deal with mounting pressure on the ...
The trip by Ms Reeves, who Ms Nandy said is “relentless in her pursuit of growth”, comes as the pound fell again by as much ...
The Chancellor has demanded that Cabinet Minister come up with solutions after her Budget sparked market panic this week.