UK bond yields rise sharply amid speculation over future of Rachel Reeves - short news
Welfare bill climbdown fuels biggest one-day hike in government borrowing costs since Liz Truss mini-budget debacle
UK government borrowing costs have risen sharply amid speculation over Rachel Reeves’s position as chancellor, as City investors warned Labour’s welfare U-turn had blown a multibillion-pound hole in the public finances.
After Keir Starmer failed initially to give his full backing to a tearful chancellor at prime minister’s questions on Wednesday, the yield on..
source: The Guardian - 02.07.2025