UK Borrowing Costs Hit 19-Year High Ahead of Labour’s Budget
The 10-year gilt yield touched 5.527% on 8 October amid a global bond sell-off, adding pressure ahead of John Healey’s 28 October Budget.
Charlotte Mercer · 2 min readLatest in Government Borrowing
UK borrowing overshoots official forecast by £8.1bn ahead of Budget
UK public-sector borrowing reached £77.3 billion between April and August, placing it £8.1 billion above the Office for Budget Responsibility's forecast.
Charlotte Mercer · 4 min readUK borrowing costs surge as 30-year gilt yields hit highest level since 1998
UK government borrowing costs have surged, with 30-year gilt yields reaching 5.925% — their highest level since 1998 — adding pressure on Chancellor John Healey ahead of his first Budget.
Charlotte Mercer · 3 min read