BusinessNews brief
US borrowing costs hit highest level since 2007
The effective interest rate on US government bonds over 10 years, known as the 10-year Treasury yield, has risen as high as 5.04% but has eased back since.
Read in depth: Business
Bank of England raises interest rate to 4%: what it means for borrowers and savers
The quarter-point increase is the first in more than three years. Tracker borrowers face higher payments, while changes for variable mortgages and savings depend on providers.
Poundland owner commits to prioritising jobs in rescue talks
Gordon Brothers met Business Secretary Jonathan Reynolds on 4 November and said it would prioritise bids protecting workers and stores, as suppliers face significant risks.
Sources and context
The BbcSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-16. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.