Britain’s long-term borrowing costs have surged to their highest level since 1998, fuelling fears that Chancellor Rachel Reeves is losing control of the nation’s finances. The yield on 30-year UK gilts climbed as much as nine basis points to 5.63pc on Tuesday, the steepest daily jump among major global economies. Analysts warned the UK was … Continue reading Reeves under fire as UK borrowing costs hit near 27-year high