Rising government borrowing costs have pushed UK gilt yields to their highest level since 1998, potentially forcing Chancellor Rachel Reeves to implement additional public spending cuts at the upcoming March
Rising government borrowing costs have pushed UK gilt yields to their highest level since 1998, potentially forcing Chancellor Rachel Reeves to implement additional public spending cuts at the upcoming March
The newly appointed Chancellor, Rachel Reeves, faces challenging decisions as recent official data indicates that government borrowing in July reached £3.1 billion, significantly surpassing expectations. This figure is £1.8 billion






