First Thing: US government borrowing costs hit new high as US strikes resume on Iran
The Federal Reserve voted to hold its key interest rate steady, sending stocks tumbling, as US claimed to hit ‘dozens’ of Iranian targets. Plus the or...
US borrowing costs hit 19-year high as Fed holds interest rates
Bank’s chair pledges to keep up fight against inflation but decision brings fears the Fed is failing to keep paceUS government borrowing costs have hi...
Burnham adviser calls for billions of pounds in borrowing for infrastructure
Exclusive: Jim O’Neill, a former chief economist at Goldman Sachs, says government should spend more on major projectsThe man tapped by Andy Burnham t...
IMF urges UK to ‘stay the course’ on borrowing amid Starmer uncertainty
Washington-based fund praises Rachel Reeves for aiming to cut budget deficit as it upgrades growth forecastsBusiness live – latest updatesThe Internat...
UK borrowing costs hit highest since 1998 amid Starmer uncertainty
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership changeBusiness live – latest updatesUK politics liv...
UK borrowing costs fall and pound rises as Starmer says he will remain as PM
Bond yields drop as market fears ease that Labour leader will be replaced by a more leftwing rival Elections 2026 – live updatesBusiness live – latest...
UK’s long-term borrowing costs hit highest level since 1998
Rise in bond yields due to fuel prices and stability concerns will eat away at Rachel Reeves’s fiscal headroomBusiness live – latest updatesThe UK gov...
Australia’s property investor borrowing rises at fastest rate in a decade - despite interest rate rises
Owner-occupier mortgage growth slowed under growing costs while investor loans grew by $42bn in the year to March, a 9.6% increaseGet our breaking new...
But Iran war likely to blow hole in Rachel Reeves’s carefully crafted fiscal ‘headroom’ in coming monthsThe UK government came in below its annual bor...