UK borrowing hits five-year high
Totals for both September and first half of financial year are highest since 2020
Totals for both September and first half of financial year are highest since 2020

Money that could be channelled into investments earning higher returns jumps by a third since 2022

Rate cut bets and easing tensions over government borrowing fuel gilts rally

A surge in long-term interest rates and economic optimism has lifted the region’s lenders

Shortfall between April and August highlights challenge for chancellor Rachel Reeves in November Budget

Ten-year gilt yield rises to 4.94% as borrowing numbers add to concerns over energy price surge

Consumers are increasingly shunning the restaurant experience for the comfort and cost savings of their living rooms