UK 30-year gilt yield rises as Starmer's 'phase 2' begins | Crypto Craft

  • UK 30-year gilt yield rises as Starmer's 'phase 2' begins

    From breakingthenews.net

    The yields on the United Kingdom government bonds continued to grow on Tuesday, with the 30-year gilt yield reaching a new 27-year high, after hitting its highest level since 1998 yesterday. Investors digested British Prime Minister Keir Starmer's comments, saying that he will lead the Labour Party into the next general election. Starmer will also hold his first cabinet meeting since he announced the UK government entered "phase two" yesterday, when he reshuffled his Number 10 team. The yield on the 30-year bond climbed by 4.5 basis points to 5.686% at 9:36 am CET. A minute later, the yield on the 10-year gilt rose ... (full story)

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LightchaserG
Sep 2, 2025 4:06am
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His been given a hard job to recover the billions wasted (by mistakes).
imo, his not doing to bad on recovery, still way to go for sure.

Note: I am speaking from personal experience of losing a job and struggling. I am frustrated but it will get better. If Farage takes over it will be like Trump in the US, man UK will suffer more. I dont want to see that.
Reply
Polimini
Sep 2, 2025 10:42am
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Quoting Trader#1F57
What on earth is the BOE thinking? They're slashing Bank Rate—with more cuts on the horizon—while inflation stubbornly sits at nearly double their target and threatens to climb higher! Since Andrew Bailey took the helm, the British Pound's value has been left adrift. Perhaps there's a glimmer of hope with Baroness Shafik joining as the government's economic advisor. Maybe she'll knock some sense into Bailey about these ill-conceived rate cuts.
its still at 4, very high, and they have economy problems, you can't cover every hole of the sinking ship, you have to make bad choices, they are all bad choices
Reply
Luxyus
Sep 2, 2025 1:11am
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Attached Image (click to enlarge)
Click to Enlarge Name: screenshot.png Size: 5 KB
Polimini
Sep 2, 2025 3:01am — Edited
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Farage will win the next elections easy. The fault is of all these clowns, and Starmer is the chief clown
Reply
Rapheay
Sep 2, 2025 1:23am
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Quoting Luxyus
{image}
yes nothing have to see this site
Reply
Trader#1F57
Sep 2, 2025 6:27am
Permalink
What on earth is the BOE thinking? They're slashing Bank Rate—with more cuts on the horizon—while inflation stubbornly sits at nearly double their target and threatens to climb higher! Since Andrew Bailey took the helm, the British Pound's value has been left adrift. Perhaps there's a glimmer of hope with Baroness Shafik joining as the government's economic advisor. Maybe she'll knock some sense into Bailey about these ill-conceived rate cuts.
Reply
Trader#A306
Sep 2, 2025 1:07am
Permalink
Starmer and his emotionally constipated cabinet members are driving UK into financial abyss.
Reply

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