If you’ve been dreaming of a ring that mirrors Taylor Swift’s jaw-dropping sparkler from Travis Kelce, Gilt’s latest flash sale has plenty of gorgeous finds to get her look ....
Sterling edged higher on Thursday after survey data showed British businesses recorded their strongest month in a year, driven by a rebound in the services sector, while investors awaited the Federal Reserve’s Jackson Hole symposium ....
Gilt yields rose to their highest in almost three months ahead of UK inflation data that could cement the case against the Bank of England cutting interest rates again this year ....
On the bond markets, the yield on the UK’s 30-year gilt rose yesterday to 5.6 per cent, overtaking the equivalent US yield for the first time in a generation, and approaching its highest level since 1998.
The BoE would be forced to step in again with multiple rounds of QE during the eurozone crisis, the aftermath of Brexit and the pandemic, driving its gilt holdings to a peak of £875billion by 2022.