British government bond yields dropped from multi-decade highs hit in previous days. Sterling fell after the figures were published but then reversed course to be broadly unchanged on the day. The BoE has said Britain's persistent inflation pressure means it will move only gradually with ...
Treasury bills as cash proxy– Treasury bills are ultra short-term UK government debt. Academics use the total return of bills as a stand-in for cash interest rates. One reason being that treasury bills are often a big component of cash-like holdings such asmoney market funds. ...
"The high inflation we are experiencing now is causing acute distress for people in this country. I know they are worried, I know people are struggling," Sunak said, backing the Bank of England to use interest rates to bring the situation under control. British governm...
You can invest up to £4,000 in your lifetime ISA each tax year, so there's £1,000 of government bonus available each year. As with all ISAs, lifetime ISAs are tax-exempt. This means that no matter how much your investments grow by, you won't pay any tax on the money you...
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 governmen...
"Given the scale of the equity market falls since early April 2025, and the fall in government bond yields, it is possible that some DC savers may see a reduction in retirement income of up to 20%," a report by SPP cited by industry outlets said. "Given the speed and volatility of ...
The move comes amid growing pressure on the government to draft legislation forcing businesses to accept cash - although ministers have said there are no plans to introduce such rules. 6 hour ago6h ago15:49 'Act fast': Top savings rates for your money right now - but things changing quickl...
The level of bond yields is an important determinant of the budget headroom given its implications for the government’s interest bill, which exceeds £100 billion a year. The latest increase in rates on Wednesday means the chancellor’s headroom against the current budget rule has now been ...
Gilts – bonds issued by the UK government. They are called gilts as the bond certificates originally had a gilt edge to indicate their high quality and thus very low probability of default Greenhouse gas (GHG) emissions (scopes 1, 2 and 3) – gases that have been and continue to be ...
"It was just the way that it was done, the lack of clear costing, the fact that it was being done at a time when government finances are being stretched by the need to support consumers from energy, and a time when global interest rates and gilt yields are rising. There couldn't have...