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News Wire / economy

UK Government Borrowing Costs Rise

developing LBC London London 2h1h Impact 7
The cost of long-term government borrowing in the UK has increased due to political uncertainty. The pound has also fallen against the dollar and the euro. This rise impacts the cost of national debt and government spending.

Topics

government debt currency political instability

Developing

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Sources · 7 independent

LBC London

“able to. The cost of long-term government borrowing has risen amid the uncertainty, while the pound has fallen against the dollar and the euro.”

BBC World Service

“think that's not the entire argument for why we lost so badly. And I don't think it 's uncommon for governing parties to lose”

BBC World Service

“Yes , absolutely The bottom line is that it has become more and more expensive for the British government to borrow money. Something which it needs to do in very large quantities because the”

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