Housebuilding, utilities and airspace stocks are some of the sectors that could be impacted by the new government, experts told CNBC. The wider property and housing market is also set to be affected, while the British pound and bond markets are unlikely to react to the change in government....
Higher gilt yields will raise the cost of Truss’s plan by making it more expensive for the government to borrow money. The UK’s debt interest bill is already set to top £100bn over the next two years, according to the Institute for Fiscal Studies. However, the government today raised...
Hedge fund Caxton suffers in choppy year for bond markets Firm headed by Andrew Law finishes 2023 down 9% in its Macro fund January 9 2024 Social affairs UK charities warn against scrapping mortality data for the homeless Government proposals to end publication of the statistics come as homeless...
UK government confirms 1 in 310 boosted individuals died within 48 days of vaccination. I HATE ADVERTS: Every chance The Corporations get to brainwash you into buying something, they use it. Every device you “own” is now used to barrage you with often fraudulent Adverts. SAVE OUR PUBS...
The British government said it has fully underwritten the central bank’s intervention on government bonds, known as gilts. "The Bank has identified a risk from recent dysfunction in gilt markets, so the Bank will temporarily carry out purchases of long-dated UK government bonds from today in ...
"The government's strategy appears to assume that by tightening fiscal policy, this means that monetary policy will not have to tighten as much, with the consequence that interest rates will stay lower than they otherwise would have. This means interest rate...
Today gilts are bought and sold electronically. Given that the cash-strapped British Government has been raising more than £200 billion a year by auctioning off new supplies of gilts, that development is perhaps to the relief of postmen across The City. ...
In addition, British mortgage lenders have pulled hundreds of offers from the market amid expectations the Bank of England will sharply boost interest rates to offset the inflationary impact of the pound’s recent slide. Market reaction to the government’s plans also has exposed vulnerabilities in...
"Reeves has done a reasonable job of buying credibility with the gilt market," said Marlborough fixed income manager James Athey, who added he was positive on British government debt and bond markets would appreciate the revenue boost from tax hikes. ...
all the extra room but british government bond prices fell on thursday as investors responded to the prospect of higher borrowing and how it might slow future boe interest rate cuts. former conservative finance minister jeremy hunt said higher rates for longer would punish famil...