UK borrowing costs have hit their highest level since the banking crisis. An economist explains what’s happening
UK borrowing costs have risen rapidly to their highest level since the banking crisis of 2007-08, with implications for the ...
How ‘twin deficits’ have fuelled turmoil in the gilt market
The sell-off eased slightly on Wednesday following positive inflation figures, but yields remain well ahead of where they ...
UK government ‘considering new $23 per night tourist tax to plug budget deficit’
Holidaymakers including Aussies heading to the UK could be hit with new tourist tax when staying in campsites, hotels and ...
Bloomberg L.P.11d
Trader Defies UK Gilt Turmoil With Wager on Five BOE Rate Cuts
One trader has placed a contrarian bet that the Bank of England will cut interest rates aggressively this year, even as ...
Holidays in UK could be hit with new £12 per night tax
The Government is looking at adding a new charge to all UK holidays in a bid to raise an extra £1billion a year ...
UK tourists face new tax on to visit popular holiday locations
Both UK residents and tourists from overseas would be obliged to pay the new tax. Prominent UK hotelier, Sir Rocco Forte, has ...
FTAdviser11d
Why are UK government bond yields rising?
The new year has started poorly for many UK financial assets, with gilt yields rising to levels not seen since the financial ...
North Yorkshire Council facing £5 million deficit as council tax set to rise
North Yorkshire Council is warning taxpayers of a £5 million budget deficit for the upcoming financial year, citing one of ...
Yahoo News UK3d
Federal budget deficit expected to soar to $2.7 trillion in 2035, highlighting pressure on GOP
As congressional Republicans struggle to keep deficits in check while extending their sweeping 2017 tax cuts, the Congressional Budget Office provided a dour forecast. Even if those tax breaks are ...