The economy is 2.1% larger than a year ago on 95,000 fewer jobs, a productivity gain that leaves the Bank of England with no reason to ease.
Read more … →UK long-end yields have risen less than peers since March, pointing to global term premium rather than British credit risk.
Read more … →Healey faces a ยฃ35bn choice between tax rises and cuts; borrowing the difference is what the pound fears most.
Read more … →The Chancellor must raise at least ยฃ12bn at the Budget, with bigger tax decisions likely held back.
Read more … →Bank of England Governor Andrew Bailey lays the scene for a rate hike on November 05.
Read more … →With Liz Truss in mind, Burnham must be aware that any meaningful help with winter bills would prove too costly for bond markets to absorb.
Read more … →UK borrowing costs at their highest since the financial crisis are reaching households through mortgage pricing.
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