EconomyUK banks tumble as gilt yields hit highest since 1998, budget jitters mount
UK bank stocks fell sharply on Thursday as British 30-year borrowing costs reached their highest level since 1998. Concerns about the country's finances, exposure to high oil prices and inflation intensified ahead of this month's budget.
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Reuters★★★☆☆2026-10-01 17:45Original
UK banks tumble as gilt yields hit highest since 1998, budget jitters mount
Economy