Business

Bank of England chief Andrew Bailey fires off pre-Budget warning to Chancellor over bond markets as UK borrowing costs hit fresh 28-year high

Daily Mail Money · 8 October 2026 at 22:48

Bank of England chief Andrew Bailey fires off pre-Budget warning to Chancellor over bond markets as UK borrowing costs hit fresh 28-year high

The governor of the Bank of England has fired off a pre-Budget warning that the Chancellor must balance the books or face a renewed bond market storm.

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Bank of England chief Andrew Bailey fires off pre-Budget warning to Chancellor over bond markets as UK borrowing costs hit fresh 28-year high

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