Interest Rate Hike Bets: Bank of England deputy governor Clare Lombardelli signaled rate hikes are "increasingly likely" if energy prices persist, with the MPC split 6-3 on holding rates at 3.75%.
Government Bond Yields: UK 10-year gilt yields surged to 5.38%, approaching a 19-year high, as global bond sell-offs pressure government borrowing costs ahead of Chancellor Healey's budget.
EV Running Cost Advantage: Electric vehicles are now...
