AboutSign In
Back to topic

Revision History

1 revisions for "Britain's Bond Market Revolt: How a Labour Leadership Crisis Pushed Borrowing Costs to Their Highest Since 2008"

#1
Anonymousabout 2 hours ago

UK government borrowing costs have surged to pre-2008 crisis levels, with 10-year gilt yields breaching 5.13% and sterling posting its worst weekly decline since November 2024, as 92 Labour MPs call for Prime Minister Keir Starmer's departure. The crisis has made Britain the most expensive G7 nation in which to borrow, with annual debt interest payments exceeding £111 billion and threatening to crowd out spending on public services.