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UK 30-year gilt yields hit 28-year high in global selloff

UK 30-year gilt yields hit 28-year high in global selloff

By David Milliken LONDON, Oct 7 (Reuters) - British 30-year bond yields rose to a 28-year high on Wednesday as a global bond selloff pushed equivalent US borrowing costs to their highest since 2002, adding to pressure on finance minister John Healey before his first budget in three weeks' time.
ReutersReuters
UK labour market shows more recovery signs in September, KPMG/REC survey shows

UK labour market shows more recovery signs in September, KPMG/REC survey shows

(Fixes 'recovery signs' typo in headline) Oct 8 (Reuters) - Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at the fastest pace in four years, a survey of recruitment firms showed on Thursday.
ReutersReuters
Rate hike fears weigh on UK housing market, RICS says

Rate hike fears weigh on UK housing market, RICS says

LONDON, Oct 8 (Reuters) - The prospect of higher interest rates weighted on Britain's housing market last month, with downward pressure on house prices increasing for the first time in four months, the Royal Institution of Chartered Surveyors said on Thursday.
ReutersReuters
ECB policymakers, accounts dampen near-term rate hike bets

ECB policymakers, accounts dampen near-term rate hike bets

By Balazs Koranyi FRANKFURT, Oct 8 (Reuters) - Euro zone inflation could go higher than already-elevated projections, but policymakers dampened near-term rate hike bets on Thursday, arguing that underlying trends reveal a more benign picture.
ReutersReuters
UK labour market shows more signs recovery in September, KPMG/REC survey shows

UK labour market shows more signs recovery in September, KPMG/REC survey shows

Oct 8 (Reuters) - Britain's labour market showed more signs of recovering last month from its protracted slowdown, with permanent staff placements rising at the fastest pace in four years, a survey of recruitment firms showed on Thursday.
ReutersReuters
Factbox-Options for UK finance minister Healey in October 28 budget

Factbox-Options for UK finance minister Healey in October 28 budget

LONDON, Oct 7 (Reuters) - British finance minister John Healey is expected to raise taxes in his first budget to restore some of his fiscal room for manoeuvre which has been eroded by the global surge in borrowing costs caused by the Iran war.
ReutersReuters
Euro bounces as falling French bond yields ease debt worries

Euro bounces as falling French bond yields ease debt worries

By Harry Robertson and Rae Wee LONDON/SINGAPORE, Oct 6 (Reuters) - The euro rebounded on Tuesday after falling to its lowest in 17 months in the previous day, as a rally in French government bonds allayed some concerns about stress in euro zone debt markets.
TheStreetTheStreet
JPMorgan’s CEO sends stern bond market warning to investors

JPMorgan’s CEO sends stern bond market warning to investors

The JPMorgan chief has been sounding the alarm all year. Now he says a new group is in the crosshairs.
ReutersReuters
High inflation has become embedded in Britain, Bank of England's Mann says

High inflation has become embedded in Britain, Bank of England's Mann says

LONDON, Oct 6 (Reuters) - Inflation running above the Bank of England's 2% target appears to have become embedded in the British economy and risks getting further entrenched in wage negotiations early next year, BoE policymaker Catherine Mann said on Tuesday.
ReutersReuters
Key central bankers to meet in Istanbul to discuss global policy challenges

Key central bankers to meet in Istanbul to discuss global policy challenges

(Corrects first name of governor in 3rd bullet) ISTANBUL, Oct 5 (Reuters) - Some of the world's most prominent central bankers will attend the Istanbul Economic Forum on Thursday and Friday to discuss inflation, monetary policy and the global economic outlook, the forum's website said.
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UK services firms suffer surge in costs, raise prices, PMI shows

UK services firms suffer surge in costs, raise prices, PMI shows

LONDON, Oct 5 (Reuters) - British services firms reported stronger cost pressures last month as fuel prices surged due to the Middle East conflict and a measure of prices charged by companies hit its highest since May, according to a survey published on Monday.
ReutersReuters
BIS chief warns soaring debt, market changes could complicate future crisis response

BIS chief warns soaring debt, market changes could complicate future crisis response

By Marc Jones LONDON, Oct 5 (Reuters) - Central banks will remain at the heart of managing future financial crises, but rising public debt and other key changes could make their task more difficult and controversial, the head of the Bank for International Settlements (BIS) said on Monday.