#pound-sterling

[ follow ]
#fiscal-policy #uk-economy #gilts #government-borrowing #economic-policy #us-dollar #uk-gilts
UK politics
fromwww.theguardian.com
1 day ago

UK borrowing costs hit highest since 1998 amid Starmer uncertainty

Long-term UK gilt yields surged to near-30-year highs amid political leadership uncertainty, weakening the pound and stocks as investors feared fiscal rule changes and higher spending.
UK politics
fromLondon Business News | Londonlovesbusiness.com
3 months ago

The pound's New Year rally: What's really driving sterling and what comes next - London Business News | Londonlovesbusiness.com

Sterling has strengthened to its strongest level vs the dollar since October 2021, boosted by Budget relief and calmer gilt markets, though inflation complicates cuts.
#gilts
more#gilts
fromLondon Business News | Londonlovesbusiness.com
10 months ago

Sterling sells off sharply amid an 'utterly shaken' Chancellor - London Business News | Londonlovesbusiness.com

(The welfare U-turn) is signalling that the Labour Party is a lot less concerned about what the gilt market thinks. I would have thought it was seared into politicians' memories what happened to Liz Truss.
UK politics
[ Load more ]