Pound plumbs 14-month low, rattled by gilt market rout
The pound hit its lowest since late 2023 on Thursday, under pressure from a selloff in global bonds that has driven the UK ...
FTSE 100 LIVE: Stocks mixed as pound falls to 14-month low after bond sell-off
A weak pound ( GBPUSD=X) managed to help the FTSE 100 ( ^FTSE) outperform against its European peers on Thursday, with the currency hitting a 14-month low in early trading. Sterling has lost a cent ...
UK markets are in the eye of the global bond storm
British markets are among the biggest victims of a global bond selloff that has spilled over into currencies and stocks this ...
Households may face a further income squeeze, say experts
Mortgage rates, prices of goods and retirement annuities may potentially be affected by recent market movements.