Gerard Lyons has warned that Britain and several other major advanced economies are moving toward a sovereign debt crisis as governments struggle to rein in public spending and global borrowing
UK government borrowing is projected to reach its highest level in 34 years.
UK government borrowing costs are poised to reach a 34-year high compared to Germany, amid growing uncertainty about how quickly the Bank of England can lower interest rates.
“Global markets ‘responding strongly’ to Trump victory.”
Global financial markets have responded sharply to Donald Trump’s anticipated re-election as U.S. president.
UK bond demand hits lowest level of the year
This year, demand for UK debt dropped to its lowest point following Rachel Reeves’s Budget, which fueled expectations of rising bond yields.
Goldman Sachs predicts Bank of England interest rates will drop to 2.75%
According to a Wall Street investment bank, the Bank of England is expected to reduce interest rates much more quickly than markets anticipate over the next year as monetary policy
UK debt reaches 100% of national income for the first time since the 1960s.
Public debt has reached 100% of the economy for the first time since the 1960s, marking a significant milestone that highlights the challenge facing the Chancellor ahead of her fiscal
Electricity from wind is not cheap, and it might never be
The parliamentarians prompting Rishi Sunak to reconsider his stance on onshore wind power frequently echo the wind industry’s catchphrase: “Wind is affordable.” Sir Alok Sharma claims it’s “affordable, green, and
UK Households warned ‘era of cheap energy is over’ as bills forecast to rise
British families are alerted that the days of low energy prices have come to an end, with an anticipated increase in bills next year.
Share Talk Expected Market Updates For The Week Ahead, 24 – 28th April 2023
This week is filled with busy results announcements for London-listed companies, with big names like Barclays and NatWest, AstraZeneca and GSK, Unilever and Reckitt Benckiser, as well as US tech
Falling gas prices could lead to a £60bn reduction in the cost of energy bailout
The success of fill gas storage efforts could reduce prices by half by next year.
China’s real estate crisis deepens as big Shanghai developer defaults
Another Chinese developer has defaulted, causing a fresh blow to the struggling real estate sector in China’s second-largest economy.