MOney Moves Daily - London - 2025-09-04 - Gilt Shock: 30-Year Highs, Pound Under Pressure
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Summary
UK 30-year gilt yields just jumped to 5.69%—a 27-year high—squeezing the Autumn Budget and raising fresh questions about taxes and public spending. Sophia and Jason unpack what higher borrowing costs mean for you, decode the latest GDP (+0.3% Q2), inflation (3.8% in July), and wage growth (5.0% ex-bonus), and game out the BoE’s path after its August cut to 4.0%. Plus: Burberry’s FTSE 100 comeback, EDF’s nuclear life extensions, the North Sea windfall-tax fight, and what to watch next—today’s Q2 GDP print and August CPI on Sept 17.
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