Business UK
BREAKING: Labour’s borrowing costs reach 30 year RECORD HIGH as uncertainty around PM’s future grows
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Business journalist Ian King has warned that the sharp rise in UK borrowing costs is “still pretty damaging for the government,” as markets react to a mix of global instability and domestic political uncertainty. His comments come as long-term borrowing costs surged to their highest level since 1998, with 30-year gilt yields climbing to around 5.7% amid investor concerns about inflation and the wider economic outlook. The spike has been driven in part by the ongoing Iran war, which has pushed up energy prices and intensified fears of prolonged economic pressure.
The situation reflects a broader loss of confidence in financial markets, where investors are demanding higher returns to lend money to the UK government. Analysts point to a combination of rising oil prices, stubborn inflation, and uncertainty surrounding Keir Starmer’s political future as key factors behind the surge. With the UK planning to issue vast amounts of debt, higher borrowing costs could significantly increase the burden on taxpayers and limit the government’s ability to fund public services or economic support measures.
#markets #keirstarmer #labour
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Will Kingston believes now is the time for the UK to breakaway from the United Nations, after its Secretary-General admitted the organisation faces imminent financial collapse.
#UN #UnitedNations #WorldNews #GBNews
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Watch as Ben Leo gets a first look at President Trump’s brand-new Air Force One.
Trump has been gifted the $400 million jet by Qatar as an unconditional one.
#Trump #USA #AirForceOne #Qatar #GBNews
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Business UK
‘I’ve got a serious case of Burnham boredom… The only change I want is a change of government.’
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‘The only change I want to see is a change of government. At least, that might resolve my utterly horrific Burnham Boredom.’
Cristo Foufas reacts to all of the noise around Andy Burnham and the will he, won’t he conversation about his journey down south to Number 10 Downing Street to take the premiership from Sir Keir Starmer.
#KeirStarmer #AndyBurnham #LabourParty #UKNews
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Nigel Farage has told GB News he wants any riots on the streets “stopped” as he spoke about the anger surrouding the death of Henry Nowak.
Speaking to GB News Political Editor Christopher Hope, the Reform UK leader hit out at politicians and the mainstream media for being “out of touch.”
Watch the full interview on GB News tonight from 7pm.
#HenryNowak #NigelFarage #uknews #GBNews
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Eight closed grooming gang cases to be reopened in bid to bring justice to sick abusers. Operation Beaconport is set to …
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