Business Pound slumps as government borrowing costs highest since 2008 by News Room 8 January 2025 written by News Room 8 January 2025 0 comment Share 0FacebookTwitterPinterestEmail The yield on the benchmark 10-year UK gilt, which reflects the cost of government borrowing, climbed by roughly 12 basis points. Share 0 FacebookTwitterPinterestEmail previous post The RCR skyscraper in the desert | From the shooter to the city | Culture next post January deals: the best offers in 10 of London’s most glamorous restaurants What is behind the gilt woes and should we be worried? 9 January 2025 Rail services face disruption as train managers strike 9 January 2025 FTSE 100 Live 09 January: Marks & Spencer and Tesco post festive... 9 January 2025 Royal Mail to issue stamps celebrating comedy show The Vicar of Dibley 8 January 2025 Reeves may need to cut spending after jump in borrowing costs, say... 8 January 2025 London’s FTSE 250 slumps and pound weakens as UK gilt yields spike 8 January 2025 Leave a Comment Cancel Reply Save my name, email, and website in this browser for the next time I comment.