GLOBEALERT
BUSINESS● ELEVATED3h ago · Oct 1, 2026, 10:00 AM

UK borrowing costs soar as gilt yields hit 6 % for first time since 1998

clydebankpost.co.uk · United Kingdom · western europe

The UK's borrowing costs have significantly increased, with gilt yields reaching 6% for the first time since 1998. This indicates a notable shift in the country's economic landscape and financial stability.

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