MONEY POLL: How worried are you about the UK's borrowing costs? Vote here!

The UK's long-term borrowing costs have surged to a 27-year high, placing further pressure on Chancellor Rachel Reeves's fiscal decisions in the months ahead as the country prepares for the Autumn Budget.This morning, the 30-year gilt yield soared to hit 5.68 per cent, which is the highest level since 1998. In reaction to this development, the FTSE 100 slipped into the red amid investor anxiety.Long-term borrowing costs have also skyrocketed to record highs as the global market navigates pressure from US President Donald Trump's tariffs on foreign imports.Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.

News Sep 2, 2025 0 39 Add to Reading List

MONEY POLL: How worried are you about the UK's borrowing costs? Vote here!

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

It’s an amazing story, composed out of imagination and rich with lessons. You’ll learn how to be morally upright, avoid immoral things, and understand how words can make or destroy peace and harmony.

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WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

Click the image to get your copy!

WHY THE HEN DOES NOT HAVE TEETH STORY BOOK

Click the image to get your copy!

The UK's long-term borrowing costs have surged to a 27-year high, placing further pressure on Chancellor Rachel Reeves's fiscal decisions in the months ahead as the country prepares for the Autumn Budget.

This morning, the 30-year gilt yield soared to hit 5.68 per cent, which is the highest level since 1998. In reaction to this development, the FTSE 100 slipped into the red amid investor anxiety.

Long-term borrowing costs have also skyrocketed to record highs as the global market navigates pressure from US President Donald Trump's tariffs on foreign imports.

Do you have a money story you’d like to share? Get in touch by emailing money@gbnews.uk.

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