Financial Markets Review by Lloyds TSB

The first ‘failed’ UK bond auction for seven years dented sterling and pushed gilt yields higher as investors worried about the UK’s large financing requirement. Failed UK bond auction alarms investors The first ‘failed’ UK bond auction for seven years […]

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Economic Weekly by Lloyds TSB

Borrowing to rise sharply with a stimulus package of £20bn… The Chancellor confirmed in the 2008 Pre-Budget Report (PBR) that the budget deficit is to rise to £118bn