UK borrowing costs rise again, with analyst warning ‘things are also getting rather ugly’
The pound has fallen to a 14-month low against the US dollar as the sell-off in the bond market fuelled investors’ anxiety over UK assets and piled further pressure on the chancellor, Rachel Reeves.
As the bond sell-off gathered steam, sterling lost a cent against the US dollar, extending recent losses, falling to about $1.226.
Continue reading… The Guardian Read More UK borrowing costs rise again, with analyst warning ‘things are also getting rather ugly’Business live – latest updatesThe pound has fallen to a 14-month low against the US dollar as the sell-off in the bond market fuelled investors’ anxiety over UK assets and piled further pressure on the chancellor, Rachel Reeves.As the bond sell-off gathered steam, sterling lost a cent against the US dollar, extending recent losses, falling to about $1.226. Continue reading…
