The yield on 30-year UK government bonds – also known as gilts – was up 0.14 percentage points to 5.798% on Tuesday

Yields on 30-year gilts hit 28-year high on expectations BoE will raise rates two or three times to counter inflation threat

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Government borrowing costs soared on Tuesday, amid reports of a plot among lawmakers to oust the prime minister.

There have been extra jitters in UK government debt markets ahead of Thursday's local and national elections.

The yield on 30-year UK government bonds – also known as gilts – was up 0.14 percentage points to 5.798% on Tuesday