The UK’s long-term borrowing costs have hit their highest level since 1998, as a bond sell-off threatens to wipe out the “headroom” chancellor Rachel Reeves has under her recently overhauled fiscal ...

In early UK corporate news, Christmas trading updates from high street names rolled in. Tesco maintained annual guidance, B&M narrowed its profit outlook and M&S reported decent growth in its Food arm ...

As broad selling took hold in UK markets for a fourth day, focus turned to the pound after it fell to the lowest level in over a year. Concern that the Labour government will struggle to keep the ...

In the Budget, Chancellor Rachel Reeves increased taxes and increased borrowing to fund a £70 billion annual increase in ...

The Bank of England said on Thursday it had allotted 46.180 billion pounds ($57.49 billion) at its first short-term repo of ...

THE Bank of England (BOE) is likely to warn of only gradual interest ... The UK central bank will announce the decision at noon in London. BOE governor Andrew Bailey and his colleagues are likely to ...

Chancellor of the Exchequer Rachel Reeves will become the most senior British official to visit Beijing in 7 years this ...

The Bank of England is poised to keep interest ... last month comes as official figures showed rental prices in London and England rose at a record pace over the same period.

Jimmy Carter, the 39th president of the United States, has been much eulogised as America's most distinguished ...

The pound dropped to a more than one-year low, stocks fell and gilts extended a fourth day of losses on concern the Labour government will struggle to keep the deficit in check as borrowing costs surg ...

European shares opened lower on Thursday as the spectre of US tariffs and persistent inflation hit sentiment, while investors were also keeping an eye on another rise in UK bond yields.