US long-term borrowing costs hit 25-year high; weakening of UK’s EV sales targets criticised – business live

Rolling coverage of the latest and economic news, as US sells 30-year bonds at highest borrowing costs since 2001 Andy Burnham looks to cut new EV sales targets Insurer Aviva said it is helping customers affected by the wildfires near Stourbridge in the West Midlands, but said the fires were “not material” for the company, my colleague Joanna Partridge reports. Aviva’s chief executive, Amanda Blanc, told reporters the company had been in contact with its customers “to make sure they’re in…