Money blog: UK long-term borrowing costs hit highest level since …

Jan 7, 2025 · UK long-term borrowing costs have hit their highest level since 1998. Elsewhere in today's Money blog, world darts champion Luke Littler has paid almost £500,000 in tax, and …

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Money Blog: UK Long-term Borrowing Costs Hit Highest Level Since …

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Jan 7, 2025 · UK long-term borrowing costs have hit their highest level since 1998. Elsewhere in today's Money blog, world darts champion Luke Littler has paid almost £500,000 in tax, and …

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UK Borrowing Costs Hit Highest Level In 27 Years In Blow To Reeves

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Jan 8, 2025 · A report by the consultancy said the jump in borrowing costs has wiped out £8.9 billion of the Chancellor’s so-called ‘headroom’ of £9.9 billion to meet her fiscal rules.

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UK Long-term Borrowing Costs Jump To Highest Level Since 1998

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Jan 7, 2025 · UK long-term borrowing costs jump to highest level since 1998 The yield on 30-year gilts increased on Tuesday by four basis points to 5.22%, surpassing the spike seen in 2023.

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UK Long-term Borrowing Costs Jump To Highest Level Since 1998

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Jan 7, 2025 · UK long-term borrowing costs jump to highest level since 1998 The yield on 30-year gilts increased on Tuesday by four basis points to 5.22%, surpassing the spike seen in 2023. …

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Money Blog: 'I Bought My Dream Home For £35,000' - What It's …

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6 days ago · By Sarah Taaffe-Maguire, business and economics reporter . The UK's benchmark stock index has reached another all-time high, in a month of record-breaking. The FTSE 100 …

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Money Blog: Interest Rate Cut Is Good News For Borrowers - Here …

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12 hours ago · There was bad news for Chancellor Rachel Reeves as the Bank cut its UK growth forecast for 2025 from 1.5% to 0.75%; The Bank also said it expects inflation to rise to 3.7%, …

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FAQs about Money blog: UK long-term borrowing costs hit highest level since … Coupon?

Why are UK borrowing costs so high?

As the Guardian noted last night: The UK government's long-term borrowing costs have reached the highest level since 1998 amid investor concerns over Britain's sluggish growth prospects and stubbornly high inflation. ...

Why are government borrowing costs so high?

Government borrowing costs have hit their highest level since before the election amid fresh evidence that Labour's Budget plans are giving investors in UK assets the jitters. The yields on ten-year gilts, which rise as their prices fall, rose close to 4.25 per cent from around 3.75 per cent just over three weeks ago. ...

Why did UK government debt soared to the highest level since 1998?

More info The cost of long-term government debt soared to its highest level since 1998 on Tuesday, as investors became increasingly anxious about the UK’s economic future. ...

Why did yields on UK government bonds go higher?

Yields on U.K. government bonds with shorter maturity terms also moved higher. U.K. borrowing costs ticked higher on Tuesday, after an auction of 30-year Treasury gilts brought yields on the long-term bonds hit their highest level in almost three decades. ...

Why did Liontrust pull £1.1billion from its funds?

The latest spike came as UK asset manager Liontrust said £1.1billion has been pulled from its funds by investors amid fears over tax hikes by Rachel Reeves. The Chancellor has warned that taxes will have to rise to fill a £22billion hole in the public finances. ...

Why is stagflation causing a surge in borrowing costs?

This surge in borrowing costs comes as the Treasury faces mounting challenges from a fresh wave of bond sales and growing investor concerns about stagflation risks. Stagflation is the term used to describe when an economy experiences a extended period slow growth, high unemployment, and rising prices. ...