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UK Borrowing Costs Hit Highest Since 2008 as Iran War Shock Deepens Economic Strain
The UK’s borrowing costs jumped on Friday to their highest level since 2008, as fears of an inflation shock intensified and the economic fallout from the war in the Middle East continued to grow. Ten-year gilt yields, the main benchmark for long-term government borrowing, climbed to 5 per cent,
Airlines Caught in the Crossfire: How the Middle East War Is Shaking Global Aviation
The airline sector is facing its most serious disruption since Covid, with the war in the Middle East grounding flights, erasing more than $50bn from the market value of major carriers, and prompting concerns over possible fuel shortages. Now entering its fourth week, the conflict is causing growing anxiety across