UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’

Bond yields creep higher on concerns about potential for political instability and rising inflation

US Senate expected to confirm Kevin Warsh as next Federal Reserve chair

Warsh would succeed outgoing Fed chair Jerome Powell as Trump continues his push to influence the US central bank

Cut UK speed limits to reduce Iran war impact on consumers, thinktank urges

Cap of 20mph in towns and cities and 60mph on motorways would cut fuel demand and combat rising prices, IPPR says

New threat to Labour spending plans as UK long-term borrowing costs hit highest level since 1998

Inflation fears fuelled by Iran war and renewed uncertainty over Starmer’s leadership prompt bond sell-off

‘There is a good deal of fear’: what would a Labour leadership challenge mean for bond markets?

Rayner and Burnham are trying to gain markets’ confidence amid concerns they could loosen fiscal rules if they replace Starmer

Reversing Thatcher’s failed legacy of privatisation can be a Labour vote-winner. If you see Keir, tell him

Andy Burnham’s Manchesterism project is still a work in progress. But the future of centre-left politics in Britain may rely on its promise of ‘rolling back the 80s’, says Guardian associate editor Julian Coman

Next Scottish government faces ‘really difficult’ spending choices, economists say

Parties accused of ‘fiscal denial’ and failing to tell voters the scale of the challenge

Reform’s toxic thinking has infected Scottish politics – this week’s Holyrood elections will tell us how badly

For so long, the Scottish government has made a point of welcoming migrants. But I now see troubling changes in my country, says writer Jasmeen Kanwal

The Guardian view on Britain’s fragile systems: when global shocks hit your shopping bill

Editorial: Energy disruption abroad drives prices at home, showing how few safeguards are built in – which is why a call for resilience must be heeded

Why is Britain’s economy so stuck? It’s the tension between what voters want and what the bond markets allow

There is no such thing as the Bond Dealers party, but there might as well be – the people who trade in UK debt exert a stranglehold over our politics, says Guardian columnist Larry Elliott

Rachel Reeves’s plan to mandate how pension funds invest was always a mistake

You can understand the motivation – more UK investment by UK funds means faster UK growth – but fiduciary duty trumps all

Rachel Reeves’s fiscal rules buffer should be ‘significantly larger’, say peers

Peers say chancellor and recent predecessors have allowed themselves too little room for manoeuvre

UK urged to deploy EU-style ‘trade bazooka’ against Trump’s tariffs

‘Inadequate economic security’ is putting growth and jobs at risk, says British Chambers of Commerce

Unlucky chancellor? Iran shock hits Reeves just as UK seemed to turn corner

The economy and public finances were on the right path, bond yields were falling, interest rates likely to drop further … then came the US-Israeli attack

UK braces for price rises driven by Iran war as economic confidence plummets

Consumer confidence hit its lowest level since October 2023 this month, with surveys showing the cost pressures companies are facing