Yield on 30-year gilts highest since 1998 as rout triggered by global factors underlines tricky backdrop John Healey faces
The chancellor’s headroom against Labour’s fiscal rules could be almost halved at his first budget if the current global bond sell-off persists into the autumn, economists say.
The UK’s long-term borrowing costs jumped to their highest level since early 1998 on Tuesday as investors dumped government bonds, betting on higher inflation.
Continue reading...Navigating app surpasses Google and Apple Maps on top-downloaded US chart after posting ‘we’re not changing it’
A pioneering online mapping app that defied Donald Trump by refusing to rename Lake Ontario has become the most in-demand navigation tool in the US.
MapQuest, which was openly dismissive of the president’s 27 August executive order directing federal agencies to refer to the smallest of the Great Lakes as “Lake America” amid a trade spat with Canada, leapfrogged rivals Google Maps and Apple Maps to top the most-downloaded list, as first reported by TechCrunch.
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