
UK Borrowing Costs Hit Highest Since 2008 Amid Inflation and Spending Fears
UK borrowing costs have reached their highest level since 2008, with interest rates on government debt climbing due to fears about inflation, interest rates, and public spending, leading to expectations of further rises in mortgage rates.
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UK borrowing costs hit highest level since 2008 financial crisis
The interest rate on government debt is climbing over fears about inflation, interest rates, and public spending, experts have said.
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