UK government bonds - known as "gilts" - are ... and the highest level for the month for four years. Borrowing between March and December 2024 stands at £129.9bn, which is £8.9bn more than ...
UK borrowing costs rose unexpectedly to £17.8billion in December, but Chancellor Rachel Reeves remains confident in the country's financial health following the October budget. This figure was around ...
Britain is under pressure from bond dealers and investors to sell fewer long-dated government bonds - which briefly slumped ...
Government borrowing jumped to £17.8bn in December ... was much higher than the £14.1 billion consensus estimate, the UK 10-year gilt yield was unchanged at 4.594 per cent which implies the ...
Year-to-date borrowing is also about £4 billion more than the £125.9 billion forecast by Britain’s independent fiscal watchdog, the Office for Budget Responsibility (OBR). It comes after volatility in ...
It comes after a sell-off of UK bonds, known as gilts, earlier this month - which resulted in a spike in government borrowing ...
Revisions to the Scottish budget mean ministers no longer need to raid a fund set up to fund windfarm developments, and will ...
Chancellor Rachel Reeves faced a fresh economic growth dilemma after being hit by the second worst borrowing figures in more than three decades.