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An issue for John Healey to deal with when he returns from the divisive summit of G20 economic powers in North Carolina is Britain's high-cost bond yields.
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The EUA market maintained its upward trend in August, despite the quieter trading conditions and lower liquidity that typically Source: Intermodal
Yields on 30-year UK bonds, known as gilts, surged to more than 5.9% for the first time since 1998. Ten-year gilt yields climbed to 5.25%.
Before the VAT-free shopping initiative was axed in 2021 non-EU visitors could receive a tax refund on purchases made in the UK, making items 20% cheaper.
The Baltic Exchange’s dry bulk freight index, which tracks rates for ships carrying dry bulk commodities, fell about 0.9% to 3,157 points on Tuesday, halting a streak of seven straight sessions of…
Huge numbers of savers are missing out with the average easy-access rate just 1.6% across accounts currently on sale and those closed to new savers.
Approvals for house purchases fell to 56,053, the lowest since January 2024 and down from 58,215 in June.
