Money Moves Daily - London

Sophia and Jason dig into Lloyds Banking Group’s plan putting ~3,000 roles at risk and what it says about banking’s push for efficiency. They unpack why long-dated gilt yields are hitting multi-decade highs—and how that filters through to mortgages—then scan the tape: Jet2’s profit warning, easyJet/Wizz Air drag, Alfa Financial’s pop, Lloyd’s of London’s steady hand, and Grafton’s return to UK pro...

UK 30-year gilt yields just jumped to 5.69%—a 27-year high—squeezing the Autumn Budget and raising fresh questions about taxes and public spending. Sophia and Jason unpack what higher borrowing costs mean for you, decode the latest GDP (+0.3% Q2), inflation (3.8% in July), and wage growth (5.0% ex-bonus), and game out the BoE’s path after its August cut to 4.0%. Plus: Burberry’s FTSE 100 comeback,...

Sophia and Jason break down why UK government borrowing costs have jumped to 27-year highs, what stubborn inflation means for households and mortgages, and how markets are responding. Plus, company news, a cyber incident, and what tomorrow’s GDP data could signal for the economy.