FTSE 100 Live: OBR chiefs face MP grilling; Food inflation slows December 2, 2025 Good morning and welcome back to the City PM liveblog. The Office for Budget Responsibility (OBR) admitted its “worst failure in the 15-year history” of the fiscal watchdog on Monday. This morning, from 10am, two of its remaining spokespeople will be facing a grilling from the Treasury select committee of MPs. The sensational leak of [...]
City readies up for Labour’s borrowing spree November 26, 2025 Fixed income investors are readying for the Debt Management Office (DMO) to boost its gilt issuance for the current financial year, otherwise the level of UK government debt sold to traders, as the Labour government ploughs ahead with its borrowing spree. The DMO, an independent government body that oversees the sale of UK government bonds, [...]
Gilt auction demand lowest in two years in sign of pre-Budget jitters September 25, 2025 Gilt market jitters in the run-up to the Budget bled into demand at government bond auctions for the first time on Thursday, as sales of bonds saw interest from investors hit its lowest in at least two years. Auctions of five- and 30-year gilts issued by the Debt Management Office (DMO) this week attracted the [...]
