UK markets are in turmoil as bond yields spike and the pound slides — here's why
UK government bond yields surged to their highest level in years and the pound hit a 14-month low against the dollar as ...
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Pound under further pressure as government borrowing costs keep rising
The pound has tumbled to its lowest level against the US dollar for over a year as government borrowing costs surged further, heaping yet more pressure on Labour over its fiscal plans. Sterling ...
Sterling dips after data shows slower UK economic growth
The pound fell on Thursday after data showed the British economy grew more slowly than expected in November, which could give ...
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Coronavirus: Pound plunges to its lowest level in over 30 years
But those aren't the only reasons for sterling's weakness. The pound has sunk to to just over €1.06 against the euro- its lowest level since the depth of the financial crisis 11 years ago.
Evening Standard on MSN15d
Chancellor facing tough questions over fiscal rules as market woes deepen
The pound has remained under pressure amid an intensifying sell-off in government bonds as Chancellor Rachel Reeves faces mounting questions over her fiscal rules. Sterling fell another 0.5% to 1.214 ...