By Greta Rosen Fondahn (Reuters) -British assets remained under pressure on Friday from elevated global borrowing costs, with sterling falling for the fourth day in a row and gilt yields rising for a fifth consecutive day,

The bond market has taken fright from the growing sense of inflationary pressures in the air. The benchmark UK 10-year gilt has now risen to levels not seen

Investing.com - The British pound slumped to its lowest level in over a year Thursday, weighing by falling confidence in the country’s fiscal outlook amid soaring borrowing costs. At 08:10 ET (13:10 GMT),

British assets remained under pressure on Friday from elevated global borrowing costs, with sterling falling for the fourth day in a row and gilt yields rising for a fifth consecutive day, though both were off the previous session's most extreme levels.