Robert Colvile: British bond yields drive higher mortgage costs

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02.09.2026

Robert Colvile: British bond yields drive higher mortgage costs — British yields increase mortgage costs

Robert Colvile points out that British bond yields have risen, leading to higher mortgage costs. He explains that this is because markets are demanding more to lend to the country.

Colvile questions how such upward pressure on borrowing costs can be addressed.

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Colvile has recently highlighted challenges in other sectors as well. He reported that hiring a 21-year-old in the hospitality industry is now 78 percent more expensive than in 2019, even as hospitality jobs grew 30 percent since 2008. The rising costs add further pressure to consumers and businesses.

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