Writing the summary…
UK 30-year borrowing costs hit 6%, highest since 1998, as government bond sell-off intensifies – business live
Source: The Guardian
Original reporting
The Guardian: read the full reportFollow this story
Earlier reports and follow-ups on the same developing story.
Related stories
CNBC
10-year Treasury yield hits highest level since 2002 as global bond rout gathers pace
Treasury yields were higher on Thursday amid a global sell-off in government debt.
CNBC
The U.S. just made it much easier for retail investors to access private markets
The Securities and Exchange Commission has approved new plans to open private markets up to retail investors.
CNBC
Russia launches massive strikes on Ukraine’s energy grid, forcing power cuts ahead of winter
Seven people were killed in the attack and emergency power cuts were imposed in Kyiv and three other regions.
The Guardian
UK house price growth halves amid rising mortgage interest rates
Prices fell by 0.2% month on month in September as average price of a home slipped to £274,251, says Nationwide Business live – latest updates Annual house price growth halved in the UK last month, as economic uncertainty sparked by conflict in the Middle East continued to deter homebuyers. The average price of a British home rose 0.8% in the year to September to £274,251, according to Nationwide . That was half the rate recorded in August , when house prices grew 1.6% year on year. It also marked the slowest pace of home price growth since December last year. Continue reading...
BBC Business
Energy bills are rising by £60 a year - here's what you can do about it
Household energy bills have risen again but there are ways to keep a lid on your expenditure.
BBC Business2 outlets
Employers should teach primary-age children about work, says Milburn
The author of a major report into youth activity in the UK says children as young as four should be learning about careers.