European defence stocks surge to record high; China’s Xi holds rare meeting with company leaders – business live
Rolling coverage of the latest economic and financial newsUK firms mull biggest layoffs in a decade as business confidence slumpsEuropean government borrowing costs are rising this morning too – perhaps a sign that investors are pricing in higher defence spending.The yield, or interest rate, on UK 10-year bonds has risen by 7 basis points (0.07 percentage points) to 4.56% this morning, reversing losses last Thursday.“We are at a turning point.“This forces us more than ever before to support our defence for Ukraine, and to increase our defence spending budget and to be on the front foot.” Continue reading...
admin
0
25
Rolling coverage of the latest economic and financial news
European government borrowing costs are rising this morning too – perhaps a sign that investors are pricing in higher defence spending.
The yield, or interest rate, on UK 10-year bonds has risen by 7 basis points (0.07 percentage points) to 4.56% this morning, reversing losses last Thursday.
“We are at a turning point.
“This forces us more than ever before to support our defence for Ukraine, and to increase our defence spending budget and to be on the front foot.”
Continue reading...
