UK markets remain under pressure as long-term gilt yields sit near their highest levels since the late 1990s, a global bond selloff that is lifting government borrowing costs and m
UK markets remain under pressure as long-term gilt yields sit near their highest levels since the late 1990s, a global bond selloff that is lifting government borrowing costs and mortgage rates for homeowners. Bank shares have tumbled amid the yield surge, with budget uncertainty adding to the strain. Meanwhile, factory data points to growing inflation pressures and house price growth has slowed to its weakest pace since December, painting a mixed picture of cooling property and sticky costs.
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