Rich people’s problems: Confidence in economy hits record low among wealthy Brits February 13, 2025 Confidence in the economy among high net worth Brits has tanked since the election of a Labour government last summer, according to data from the Saltus Wealth Index. The study, which questioned 2,000 people in the UK with assets of £250,000 or more, revealed just under half – 48 per cent – of these so-called [...]
UK economy: Britain’s resilience to tariffs could support pound sterling February 10, 2025 Sterling could outperform against the euro in the coming weeks because the UK is less exposed to the threat of Donald Trump's tariffs, analysts think.
Pound sterling falls on latest Trump tariff threats January 28, 2025 The movement in currency markets came after the latest comments from the President on his tariff plans.
FTSE 100 rises and gilts recover but Reeves isn’t out of the woods just yet January 15, 2025 Chancellor Rachel Reeves was dealt some welcome good news after a surprise drop in inflation that saw gilt yields fall at the fastest pace in over a year on Wednesday, but some economists fear the development represents a temporary reprieve with inflation at risk of rebounding in the coming months. New figures from the Office [...]
Gilt yields stable ahead of crucial UK inflation data January 14, 2025 The yield on the 10-year gilt crept lower on Tuesday afternoon, leaving it on track to break six days of consecutive rises.
Pound sterling suffers as traders pare bets on Fed rate cuts January 13, 2025 The sell-off comes after a bruising week for UK assets last week, with sterling falling over three per cent and gilt yields picking up to the highest levels in decades.
Pound sterling sinks and gilt yields rise after US jobs report January 10, 2025 The pound plummeted against the dollar while gilt yields came under further pressure after new figures revealed the continued strength of the US economy. According to the latest report on the US labour market, the world’s largest economy added 256,000 roles in December, accelerating from November and well ahead of economists expectations. Unemployment, meanwhile, unexpectedly [...]
What is a gilt? And why should you care? January 9, 2025 Investors have been drawing comparisons to the bond market meltdown following Liz Truss's mini-Budget as well as the IMF bailout way back in 1976.
Investors ‘are losing confidence’ in the UK economy January 8, 2025 The yield on the benchmark 10-year gilt, which reflects the cost of borrowing, hit 4.78 per cent on Wednesday afternoon, a post-financial crisis high.
Resurgent inflation fears drive global sell-off in government debt January 8, 2025 Government bonds suffered a major sell-off on Tuesday as fears about the potential persistence of inflation continued to build.