Sterling and the London stock market fell sharply on Friday, while UK borrowing costs surged, after Andy Burnham confirmed he would contest a by-election as part of a bid for the Labour leadership. The Mayor of Greater Manchester's announcement was followed by the resignation of Wes Streeting as Hea
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The Bank of England (BoE) is facing mounting pressure from economists to scale back its quantitative tightening (QT) programme, with critics warning that the costly approach is exacerbating the UK's borrowing costs and straining public finances at an already precarious moment. The fresh wave of scru
The UK gilt market is bracing for volatility as Thursday's regional and local elections threaten to trigger political upheaval that could reshape fiscal policy. The yield on 30-year gilts has surged to its highest level since May 1998, reflecting investor anxiety over what might follow a potentially
Predicting three bank rate cuts in 2026, Matthew Amis, investment director at Aberdeen Investments, has welcomed the uneventful start to the year for the UK gilt market, noting that a "dull" environment is exactly what is required after the volatility preceding the recent Budget. While the Budget&rs
The recent economic turmoil amid the mini budget and resulting instability of the Pound Sterling led to the Bank of England stepping in to stabilise the gilt market to prevent a more serious financial crisis. Kevin Hollister, founder of pensions planning firm Guiide, discusses what is perhaps the mo
