Credit manager Sona Asset Management returned 18.76% in its Credit Master Fund in 2024, benefiting from a surge in European companies needing to refinance their debt, an investor letter seen by ...

The yield on the benchmark 10-year gilt, which reflects the cost of borrowing, hit 4.78 per cent on Wednesday afternoon, a post-financial crisis high.

After a record-breaking tax grab in October, Rachel Reeves is eyeing up the taxpayer once again. The Chancellor framed the ...