Reported about 18 hours ago
Investors in the UK are preparing for ongoing losses as recent market volatility reveals weaknesses in the country's high-debt, low-growth economy. Following a brief rebound, the UK markets are facing renewed vulnerability with forecasts of extended fluctuations in the pound and UK government bonds, driven by rising global interest rates. Hedge funds are actively betting against the pound, reflecting growing concerns about capital flight and political instability, while long-term borrowing costs reach 27-year highs, posing a challenge for economic recovery plans.
Source: YAHOO