Tag: prompt
Fears over UK borrowing costs as US jobs figures prompt stock market volatility
Pound falls against the dollar and bond yields rise amid concerns over high UK inflation and interest rates Concerns over the UK government’s borrowing costs were revived on Friday after stronger-than expected US jobs figures triggered volatile conditions in global financial markets. In an accelerating global bond market sell-off, investors warned that the UK was…
How Trump and Musk’s interventions prompt fresh diplomatic challenge
In Donald Trump’s first term, governments around the world braced for his morning social media posts. What policy would be reversed, what insult thrown? Four years on, diplomats are once more getting twitchy when the sun rises on America’s east coast. Back then, they learned to take Trump – as the adage had it –…