All the updated news related to uk debt management office (dmo)

All the news related to uk debt management office (dmo) updated in real time

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City

Pound under further pressure as government borrowing costs keep rising

The pound has tumbled to its lowest level against the US dollar for over a year as government borrowing costs surged further, heaping yet more pressure on Labour over its fiscal plans. Sterling weakened again on Thursday morning amid a deepening ...

09 Jan 2025 at 09:27

City

Markets ‘orderly’ despite soaring borrowing costs, says Treasury minister

The Treasury has said UK financial markets are functioning “in an orderly way” despite the pound plunging to its lowest level for over a year after a rout in the bond markets. Government borrowing costs increased further on Thursday morning, ...

09 Jan 2025 at 15:09

City

Government says ‘no need for emergency intervention’ in financial markets

The Government has said there is “no need for an emergency intervention” as it sought to soothe concerns over the UK’s shaky financial markets. On Thursday, the value of the pound fell to its lowest level in over a year while UK borrowing ...

09 Jan 2025 at 17:40

City

Reeves may need to cut spending after jump in borrowing costs, say economists

The Chancellor could be forced into further tax hikes or cuts to spending plans to meet UK fiscal rules after a jump in government borrowing costs, economists have warned. State borrowing costs struck their highest level for almost 17 ...

08 Jan 2025 at 23:34

City

Pound slumps as government borrowing costs highest since 2008

The value of the pound slid to its lowest level for nine months after government borrowing costs surged further. It comes during a continued sell-off in the bond market amid investor concerns over the threat of stagflation and a ...

08 Jan 2025 at 15:09

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