The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday, with the yield on 30-year government bonds reaching 5.88%. The rise came amid a global bond sell-off that gathered pace as Brent crude oil rose above $92 a barrel amid renewed fighting in the Middle East. European stock markets fell sharply and the FTSE 100 was down more than 1%, led by mining and manufacturing shares.
European stock markets fall sharply and Brent crude rises above $92 a barrlel amid renewed fighting in Middle East The FTSE 100 index is down just over 1%, driven by sharp falls in mining and manufacturing shares. Endeavour Mining is leading the index lower, down 8%, while fellow miners Fresnillo and Antofagasta have also fallen sharply. A post-UK Bank Holiday hangover looked inevitable for the FTSE 100 given the lo…
Yield on 30-year government bonds jumps to 5.88%, the highest since 1998, in bond rout triggered by global factors Business live – latest updates The UK government’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as a global bond sell-off gathered pace. The yield – in effect the interest rate – on 30-year UK government bonds, known as gilts, hit 5.89% as traders fretted about a f…
European stock markets fall sharply and Brent crude rises above $92 a barrlel amid renewed fighting in Middle East The FTSE 100 index is down just over 1%, driven by sharp falls in mining and manufacturing shares. Endeavour Mining is leading the index lower, down 8%, while fellow miners Fresnillo and Antofagasta have also fallen sharply. A post-UK Bank Holiday hangover looked inevitable for the FTSE 100 given the lo…
NYTimes – Business CNN, MS NOW and Politico sued the Trump administration on September 21, 2026, arguing that President Donald Trump's ban on their access to White House grounds violates the First Amendment. The outlets said their reporters were prevented from entering after Trump announced the ban, and they warned the move threatens press freedom and independent journalism.
NYTimes – World German Chancellor Friedrich Merz described state election results as a "disaster" for his centre-right CDU after exit polls showed damaging losses in Berlin and Mecklenburg-Vorpommern. The far-right Alternative for Germany (AfD) won first place in one state and made significant gains, while Merz vowed to stay in office and press ahead with reforms.
Sky News – Front Page President Donald Trump says his proposed 76m (250ft) triumphal arch in Washington D.C. would become a "top-grade military complex" housing drones and snipers and storing ammunition. He framed the project as necessary for national security. The arch's legality is being weighed by a federal court, and Trump faces pushback on multiple construction projects in the capital.
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