4 d. ago Rachel Reeves says Labour’s Youth Guarantee will ‘abolish long

Chancellor will make pledge at Labour party conference in echo of Gordon Brown’s flagship schemeReeves ended her LBC interview by saying that anyone saying the government should just borrow more “makes no economic sense”. That was in response to a question about Andy Burnham and his comments about the bond markets in an interview last week.Ferrari asked her if she was saying that Burnham was “Trussesque”.Anybody that says you can just borrow more – I do think that risks going the way of Liz Truss.I think there are lots of people who back Reform would be horrified by the thought that people who came to this country legally, are working and contributing, will be deported from this country. And we had to call out Reform for their policies. And this is a racist policy, and it’s a bad for our country, and we need to call that out. Continue reading...

Politics

8 d. ago Burnham’s borrowing plans would spook gilt market, investors warn

Fund managers say fresh borrowing spree would drive up gilt yields and dent the pound

Events

2 w. ago BoE holds interest rates at 4% and slows ‘quantitative tightening’

Bank dials back efforts to shrink balance sheet in bid to reduce impact on gilt market

Politics

last month FTSE 100 Live 03 September: Bond market pressure continues, date set for autumn Budget

Financial markets are on edge after yesterday’s global bonds sell-off pushed the UK’s 30-year gilt yield to its highest level since May 1998.

Economics

last month FTSE 100 Live 03 September: Bond market pressure continues, Rolex retailer reassures on tariffs

Financial markets are on edge after yesterday’s global bonds sell-off pushed the UK’s 30-year gilt yield to its highest level since May 1998.

Economics

last month FTSE 100 Live 03 September: Index higher after bond market sell

Financial markets are on edge after yesterday’s global bonds sell-off pushed the UK’s 30-year gilt yield to its highest level since May 1998.

Politics