UK authorities borrowing prices spike amid divisions in Labour social gathering

UK authorities borrowing prices spike amid divisions in Labour social gathering

Britain’s Prime Minister Keir Starmer speaks on the phone to U.S. President Donald Trump at a car factory in the West Midlands, Britain, Thursday, May 8, 2025. Alberto Pezzali | Via Reuters U.K. government borrowing costs spiked on Wednesday, amid mounting signs of division within the governing Labour party. The yield on benchmark 10-year government … Read more

Millionaire exodus spells bother for Labour

Millionaire exodus spells bother for Labour

This report is from this week’s CNBC’s UK Exchange newsletter. Each Wednesday, Ian King brings you expert insights on the most important business stories from the U.K. and the key personalities shaping the news. The newsletter will also highlight other key developments in the U.K. that you won’t want to miss, plus a preview of … Read more