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‘Self-defeating’ tax rises causing bond sell-off, Rachel Reeves warned
“Self-defeating” tax rises and persistent inflation are to blame for the recent surge in Britain’s borrowing costs, Rachel Reeves has been warned.
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dailymail.co.uk
Fears UK heading for 'oblivion' as government borrowing costs soar
Yields on 30-year UK bonds, known as gilts, leapt to just below 5.7 per cent, the highest level since 1998 in the wake of a reshuffle seen as sidelining Rachel Reeves.
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bbc.com
UK borrowing costs hit 27-year high adding to pressure on Reeves
The interest rate on UK 30-year bonds hits the highest since 1998 as concerns over the economic outlook continue.
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Reeves warned over financial crisis as UK borrowing costs rise again
Ministers are struggling to cool alarm after interest rates on UK gilts rose again this morning, having spiked to 27-year highs yesterday.
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telegraph.co.uk
‘Self-defeating’ tax rises causing bond sell-off, Rachel Reeves warned
“Self-defeating” tax rises and persistent inflation are to blame for the recent surge in Britain’s borrowing costs, Rachel Reeves has been warned.