📰 13 sources covering this story

UK long-term borrowing costs highest since 1998 ahead of October Budget

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UK long-term borrowing costs highest since 1998 ahead of October Budget
BBC News
BBC News1 hrs ago
UK long-term borrowing costs highest since 1998 ahead of October Budget
Higher borrowing costs have piled fresh pressure on Andy Burnham ahead of his first Budget.
Daily Mail
Daily Mail1 hrs ago
Bond market turmoil gives UK a £6bn debt interest headache as borrowing costs jump to highest level since 1998
The rate demanded by investors to buy UK debt has been driven up by persistent inflation, high borrowing levels and political instability.
This is Money
This is Money1 hrs ago
Bond market turmoil gives UK a £6bn debt interest headache as borrowing costs jump to highest level since 1998
The rate demanded by investors to buy UK debt has been driven up by persistent inflation, high borrowing levels and political instability.
UK government borrowing costs soar to a 28-year high ahead of Budget
Higher rates on the bonds will therefore mean that it costs UK more in order to borrow money
The Guardian
The Guardian4 hrs ago
UK long-term borrowing costs hit 28-year high
Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factors Business live – latest updates The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace. The yield – in effect the i
Irish News
Irish News4 hrs ago
Long-term government borrowing costs leap to 28-year high ahead of Budget
It came amid a widespread global bond sell-off amid concerns over ratcheting oil prices and wider uncertainty over inflation.
Long-term government borrowing costs leap to 28-year high ahead of Budget
It came amid a widespread global bond sell-off amid concerns over ratcheting oil prices and wider uncertainty over inflation.
City AM
City AM4 hrs ago
Healey facing £6bn hit as UK borrowing costs reach highest point since financial crisis
UK borrowing costs have hit their highest level since the financial crisis as gilts were swept up in a mass rout across global bond markets.  The UK government is set to pay a higher rate on debt interest as 10-year gilt yields, the benchmark for borrowing costs, were up by as much as 15 basis…
The Mainichi
The Mainichi6 hrs ago
Japan budget requests swell, stoking debt fears as long-term rates hit 30-year high
TOKYO -- Japanese government ministries and agencies submitted their initial budget requests for fiscal 2027 by the Aug. 31 deadline. Requests under t
Stuff
Stuff7 hrs ago
Less tax, more borrowing: Fuel tax changes will cost Government over $1 billion
Government ministers have admitted the changes to upcoming fuel tax increases will mean extra borrowing.
The Rio Times
The Rio Times23 hrs ago
Brazil Gross Debt Hits 82.5% of GDP in July, Highest Since 2021
Brazil's gross public debt rose to 82.5 percent of GDP in July, or R$10.9 trillion (US$2.1 trillion), the highest since April 2021. A R$1.4 billion primary surplus was dwarfed by R$98.963 billion of interest, leaving a nominal deficit of R$97.6 billion (US$18.8 billion).
Financial Times
Financial Times🏁 first to report2 days ago
Rising bond yields add tens of billions to G7 countries’ debt costs
World’s biggest developed economies face higher financing costs since start of US-Iran war, weighing on public finances
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