BORROWING COSTS SURGE AS BRITAIN FACES ‘MORON PREMIUM’ UNDER REEVES
https://s.yimg.com/ny/api/res/1.2/xTA8nGRVKMbvGp3uqjnT0Q--/YXBwaWQ9aGlnaGxhbmRlcjt3PTEyMDA7aD03NTA-/https://media.zenfs.com/en/the_telegraph_258/4fdd0b17cf7f2330019aeec2935086b0
✍️ Britain's long-term borrowing costs are nearing their highest level since 1998 due to fears that the government is failing to balance the public finances.
👉 Britain's long-term borrowing costs are nearing their highest level since 1998 👉 The yield on 30-year UK gilts jumped to 5.63%, close to a 27-year high 👉 The Chancellor is expected to raise taxes significantly to plug a hole of up to £50bn in the nation's finances 👉 The appointment of Torsten Bell to lead Budget preparations has been criticized by the opposition
-- #RachelReeves #TorstenBell #MelStride #SirKeirStarmer #RupertHarrison #GeorgeOsborne #MohitKumar #SimonFrench #AlexKerr #DonaldTrump #LisaCook #ThomasMathews #FrançoisBayrou #JohnHardy #politics
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