#pound-sterling

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UK politics
fromwww.bbc.com
2 weeks ago

UK borrowing costs rise and pound falls as leadership drama continues

UK 10-year borrowing costs rose and the pound fell after Andy Burnham chose to fight a by-election, reflecting market concerns about higher borrowing.
UK politics
fromwww.theguardian.com
2 weeks 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
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
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