Labour's Borrowing Plan Spurs Gilt Selloff, 10-Year Yield Jumps
Labour's near-record borrowing plan triggers a gilt selloff, boosting the 10-year UK yield by 40 basis points. Read more on the fiscal impact.
Topic
UK economy
A collection of 5 issues
UK Confidence Nosedives to Post-Truss Mini-Budget Low
UK consumer confidence hits its lowest point since Liz Truss's mini-budget. Explore the factors contributing to this economic downturn.
Sterling Drops Amid UK Recession Fears
Sterling falls 0.7% to $1.2435 as UK faces growth concerns and potential recession. Discover the impacts on currency and economy.
UK Consumers Prioritize Savings Amid Economic Optimism
UK consumers focus on savings despite rising real incomes and lower borrowing costs. Explore the cautious financial habits shaping the British economy.
UK Card Spending Stagnates in 2024
UK credit and debit card spending in 2024 shows minimal growth, with essentials spending rising only 0.9%, a significant drop from last year's 3.9%.