UK gilt yields surge
This is a UK news story, published by iNews (Indonesia), that relates primarily to Reeves news.
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year gilt yieldiNews (Indonesia)
•Labour's dream of 1.5m new homes is about to collide with economic reality
74% Informative
Last week , the UK 10-year gilt yield closed at 4.8 per cent .
That was up from 4.58 per cent just a week before .
This means that Reeves ’s much-needed fiscal headroom is diminishing.
She is becoming more restricted in what she can borrow and how much she has to spend by the day .
This will soon force Labour to make some difficult decisions about the economy and about mass housebuilding.
The number of 25- to 34-year-olds who live with parents has jumped up by a third since the mid-2000s .
Between 2006 and 2024 , the proportion of young adults living with their parents increased from 13 per cent to 18 per cent.
This is because the sky-high cost of housing cancels out any savings low-income households might be able to make on food in Britain .
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