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UK borrowing costs jumped at debt auction today, as MPs quiz the Bank of England about inflation risks Gas prices are rising this morning, putting pressure on European countries who need to stock up their storage levels before the winter. The month-ahead UK gas price is up around 1% at 184p a therm, close to yesterday’s highs when gas hit its highest since January 2023. Continue reading...

3 outlets ·War & Geopolitics
1 left · 0 center · 0 right

How each outlet headlined it

  • The Guardian left
    UK borrowing costs jumped at debt auction today, as MPs quiz the Bank of England about inflation risks Gas prices are rising this morning, putting pressure on European countries who need to stock up their storage levels before the winter. The month-ahead UK gas price is up around 1% at 184p a therm, close to yesterday’s highs when gas hit its highest since January 2023. Continue reading...
  • WSJ Markets
    The U.K. sold 4.25 billion pounds ($5.75 billion) in a long-dated debt sale at the highest yield since 1998, a sign of how rising borrowing costs are posing challenges for governments facing historically high levels of debt.
  • Reuters
    UK borrows at highest interest rate since 1998, showing pressure on public finances reut.rs/4hgQW7H
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