UK borrowed bigger than forecast £24.3bn in April as inflation adds to benefits bill
Figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bnRichard Partington (the Guardian)
Figure comes amid rising cost of pensions as bond market jitters take monthly debt interest to £10.3bnRichard Partington (the Guardian)
UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worriesGraeme Wearden (the Guardian)
Whoever wins the Labour leadership tussle, the chancellor’s prospects for staying inpost have risen given the surprise GDP boostRichard Partington (the Guardian)
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrousRichard Partington (the Guardian)
Bond yields creep higher on concerns about potential for political instability and rising inflationTom Knowles (the Guardian)
Rise in bond yields due to fuel prices and political stability concerns will eat away at Rachel Reeves’s fiscal headroomHeather Stewart (the Guardian)
But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsTom Knowles (the Guardian)
Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate risesRichard Partington (the Guardian)