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Gilt Yields, HMRC's 2027 Tax Trap & Why Restaurants Are Closing
Audio is available on Spreaker — see link below.
UK 30-year gilt yields hit a 28-year high, signalling fresh mortgage repricing ahead — and a hidden HMRC rule change in 2027 could quietly raise tax bills for landlords, savers, and pension drawers. Three stories every UK household needs to understand right now.
Audio is available on Spreaker — see link below.
UK thirty-year gilt yields hit five point seven seven percent on Tuesday. That's the highest since May nineteen ninety-eight, and it matters to anyone with a mortgage, a savings account, or a pension.
Two forces are driving this move. Middle East tensions are pushing oil prices higher, which feeds directly into inflation expectations and UK borrowing costs.
The stress showed up in equity markets too. The FTSE one hundred closed down one point four percent, its lowest level in a week.
Set gilt yields aside for a moment. There's a slower-moving story that deserves more attention than it's getting.
One more signal worth registering. Franco Manca won creditor approval this week to close sixteen restaurants.
Two things to track closely from here. First, whether gilt yields stabilise around five point seven seven percent or push higher as election results come in.
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