Darren Jones says the prime minister is ‘listening to colleagues’, and does not rule out PM announcing resignation timetable
UK government borrowing costs are rising this morning. This is what Graeme Wearden has posted on his business live blog.
The yield, or interest rate, on benchmark 10-year UK gilts has risen by almost 10 basis points (0.1 of a percentage point) to 5.1%, up from 5% last night.
Bond yields rise when prices fall, and this morning’s move adds to a rise in borrowing costs yesterday.
