#government-borrowing
#government-borrowing
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#uk-economy #fiscal-policy #bond-yields #uk-gilts #pound-sterling #tax-receipts #public-spending #global-markets
fromwww.theguardian.com
6 days agoBank chief warns against exaggerating' rise in UK borrowing costs
There is a lot of dramatic commentary on this but I wouldn't exaggerate the 30-year bond rate, he said. It's a number that gets quoted a lot. It's quite a high number. It is actually not a number that is being used for funding at all at the moment.
UK politics
fromBusiness Matters
2 weeks agoUK government borrowing lower than forecast in July as tax receipts rise
Government borrowing came in well below expectations in July, offering some short-term relief to chancellor Rachel Reeves as she prepares her autumn budget. Public sector net borrowing totalled £1.1 billion last month, the Office for National Statistics (ONS) said - less than half the £2.6 billion forecast by economists and below the Office for Budget Responsibility's (OBR) £2.1 billion projection.
UK politics
Europe news
fromwww.theguardian.com
3 months agoTesla sales halve in Europe; markets welcome US delay to EU 50% tariffs business live
Bond prices in Europe are rising, leading to lower government borrowing costs.
The UK government is shifting toward shorter-term borrowing to ease financial pressure.
UK share prices are increasing after positive trade news from the US.
Food inflation in the UK has consistently risen for four months.
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