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Long-term UK borrowing costs at 28-year high as rising oil prices trigger global bond rout – business live

The Guardian UK · 1 September 2026 at 10:19

Long-term UK borrowing costs at 28-year high as rising oil prices trigger global bond rout – business live

European stock markets fall sharply and Brent crude rises above $92 a barrlel amid renewed fighting in Middle East European stock markets are a sea of red, a gloomy start to September.

As traders return from the UK Bank Holiday, the FTSE 100 index in London has fallen 1.1%.

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Long-term UK borrowing costs at 28-year high as rising oil prices trigger global bond rout – business live

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