Both the Tories and Lib Dems have urged Rachel Reeves to cancel her planned trade trip to China to get a grip on the market mayhem of recent days.
The fall in the Pound, rising borrowing costs and warning of higher mortgages are a treble blow to Chancellor Rachel Reeves who has been criticised for her Autumn Budget in which she hiked taxes by ...
The U.S. dollar drew strength from rising Treasury yields on Thursday, adding pressure to the pound and euro, while the yen ...
THE pound has dropped to its lowest level against the US dollar since November 2023. It follows a sharp increase in UK ...
Pound Sterling has plummeted to its lowest level since 2023, with Rachel Reeves failing to calm spooked markets. The currency ...
The pound fell to its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the ...
The British pound fell to its weakest point in over a year, reaching a nine-month low amid growing concerns over the U.K.
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A plunging pound and a surge in U.K. government borrowing costs to their highest since the great financial crisis serve as a warning to the U.S. and other countries that the bond vigilantes are still ...
Pound sterling has continued to sell off this morning, and UK government bond yields have ticked higher as UK risk assets ...
Pound sterling has continued to sell off this morning, and UK government bond yields have ticked higher as UK risk assets ...
The benchmark UK ten-year government bond was sold again on Thursday, driving up its yield (which is effectively the interest rate the government pays to borrow money on a ten-year fixed term). At ...