UK Evening Wrap: Bond Rout, Burnham's Growth Vision, and Reform's Slide

UK borrowing costs surged to their highest since the financial crisis, threatening a £6bn blow to Chancellor John Healey’s headroom, while Prime Minister Andy Burnham used his first Commons speech to unveil a “triple helix” growth plan and private equity swooped on Bodycote in the latest FTSE 250 takeover.

The Full Picture

Bond Rout Sends UK Borrowing Costs Soaring

• 10‑year gilt yields jumped to 5.2 %, an 18‑year high, after a global bond sell‑off driven by...