UK mortgage rates set to rise as bond sell-off drives up borrowing costs – business live

Rolling coverage of the latet economic and financial news The London stock market has opened calmly (apart from Crest Nicholson’s shares! ).

The FTSE 100 index of blue-chip equities is down a mere 3 points, or 0. 03%, at 10,752. Market conditions have been more subdued than expected through the seasonally quieter summer trading period,…