Home Business news Bond market rout deepens as inflation fears keep rising – business live

Bond market rout deepens as inflation fears keep rising – business live

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Rolling coverage of the latest economic and financial news

The global bond market sell-off means this is a bad time for UK politics to be gripped by a leadership crisis.

British government debt got hammered on Friday, as Keir Starmer’s premiership circled the plughole and likely challenger Andy Burnham limbered up to return to parliament by contesting a by-election in Makerfield, in the North West of England.

“I support the fiscal rules, there needs to be a plan to get debt down.”

Continue reading…Rolling coverage of the latest economic and financial newsThe global bond market sell-off means this is a bad time for UK politics to be gripped by a leadership crisis.British government debt got hammered on Friday, as Keir Starmer’s premiership circled the plughole and likely challenger Andy Burnham limbered up to return to parliament by contesting a by-election in Makerfield, in the North West of England.“I support the fiscal rules, there needs to be a plan to get debt down.” Continue reading…