UK government borrowing costs have climbed to their highest level since 1998, driven by persistent inflation, heavy debt, and political instability. The jump in yields means the Treasury faces an extra £6 billion in annual interest payments. Investors are demanding higher returns to hold British debt, adding pressure on public finances.
The author describes her struggle to find work after a 30-year fashion career, despite sending over 2,000 applications. She notes that many midlife women face similar barriers. She offers practical advice for fighting back in the job market.
Three UK-listed companies have agreed to takeover offers, putting fresh pressure on the London stock market. The announcements came this morning, adding to a recent wave of departures from the City. This trend raises concerns about the attractiveness of London as a listing venue.
British tourists are being encouraged to drink more beer while visiting Spain. The push aims to support Spanish breweries as national beer consumption drops.
Andrew Neil warns that a financial crisis is coming, driven by the AI bubble, soaring debts, and rising interest rates. He says even the most resilient investors are spooked. The Bank of England's governor, Andrew Bailey, remains calm, but Neil argues that we should all be fearful. The warning comes as markets show signs of strain.
Homes near top state schools in England now cost up to £275,000 more. The biggest premium is around Bishop Vesey's Grammar School in Sutton Coldfield. A new comparison of 50 areas shows the gap.