UK Borrowing Costs Rise Post-Budget
This is a UK news story, published by BBC, that relates primarily to Rachel Reeves news.
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UK borrowing costsBBC
•UK borrowing costs at highest for a year after Budget
75% Informative
UK borrowing costs at highest for more than a year after Budget .
Interest rate the government has to pay lenders when it borrows money from them over a 10-year period, climbed above 4.5% on Thursday .
Rise is partly a response to Chancellor Rachel Reeves ’ decision to significantly increase borrowing.
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