UK Borrowing Costs Soar After Economic Team Shakeup

UK borrowing costs skyrocket after economic team shakeup! Thirty-year bond yields hit a 27-year high as Keir Starmer brings in wealth tax supporters, spooking bond traders already worried about shaky public finances and a potential £50 billion budget gap. Is the UK economy heading for a crisis as tax hikes loom and investors demand higher returns? Hosted on Acast. See acast.com/privacy for more information.