LONDON (ShareCast) - (Sharecast News) - Thirty-year bond yields have notched multiple new record highs thus far in 2025 - for all the wrong reasons. That on the 30-year bond had stayed at around 5.6%, near a three-decade high. That is also the highest yield among G7 countries. Should a country's rate of economic growth not be set to exceed the average rate on its debt, then it is in trouble, as that is taken as a sign of future default. France's prime minister seems to be facing the impossible task of cutting spending and raising taxes to lower its deficit. In Britain, there is talk of a fiscal hole of as much as £40bn. The US deficit meanwhile could jump by over $2trn over the next 10 years as a result of President Trump's tax cuts. - The Sunday Times


France's government is on the edge of collapse, its budget out of control, emergency taxes are being readied and the rioters preparing to take to the streets. Business as usual in France. But this time around it might turn out to be more than just political drama in Paris. That is because of worries about too generous welfare systems that are constantly being expanded. Thus, France may be about to set off a market crash. - The Sunday Telegraph

BAE Systems has clinched a £10bn contract to build Type 26 anti-submarine frigates for Norway. The deal is the largest ever UK export deal and Oslo's largest defence order. It is expected to boost the UK's economy by £10bn and support 4,000 jobs "well into the 2030s". The vessels will be constructed in Glasgow. - Guardian

The appointment of Robert Moorhead to the board of Greggs on 1 October has been postponed. That follows Moorhead's petition to delay appointment until a review by Deloitte of an accounting error at WH Smith, where he had held the post of finance director, was complete. News of the blunder triggered a £600m drop in the stock market value of WH Smith last week after it was revealed that its North America profits had been erroneously estimated to be roughly £30m higher than they really were. - The Financial Mail on Sunday

Email this article to a friend

or share it with one of these popular networks:

• DIGG
• FACEBOOK
• STUMBLEUPON
• MIXX
• YAHOO BUZZ
• DELICIOUS
• REDDIT
• NEWSVINE