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Gilt yields surpass mini Budget level on strong UK wage data

Increase underlines case for Bank of England to continue raising interest rates, say economists

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National-statistics
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Government borrowing costs rise to levels not seen since mini budget

Government borrowing costs have risen to levels not seen since the fallout of September s mini-budget after fresh economic data ramped up interest rate expectations.

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Pound To Dollar Rate Bounces Strongly From 1.25, Where Next?

Pound to Dollar Rate Jumps to 1.26 on Inflation Miss, Where Next?

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Australia
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Joseph-capurso
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Sterling

Interest rate fears drive fastest housebuilding decline in three years

The data “will send a chill down the spine of the UK economy”, economist Dr John Glen said

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Construction

UK housebuilding falls at fastest rate since May 2020 lockdown

Higher mortgage rates and subdued market conditions have seen developers cut back on housebuilding projects, data company S&P Global said.

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