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UK borrowing costs reach highest since 1998 at 5.22%, stressing Chancellor Reeves and the economy.
UK long-term borrowing costs have hit their highest levels since 1998, rising to 5.22%, adding financial pressure on Chancellor Rachel Reeves.
This increase, driven by concerns over stagflation and global bond market sell-offs, could affect the UK economy and public spending plans.
The Bank of England is also set to reduce its balance sheet through quantitative tightening.
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Los costes de los préstamos del Reino Unido alcanzan el nivel más alto desde 1998 en 5,22%, destacando al Canciller Reeves y a la economía.