Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
UK borrowing costs hit 18-year high as public sector deficit nearly doubled forecasts, driven by inflation, war, and rising rates.
UK government borrowing costs hit their highest levels since 2008 as 10-year gilt yields surpassed 4.9%, an 18-year high, driven by worse-than-expected February public sector borrowing of £14.3 billion—nearly double the OBR’s forecast.
The surge, fueled by inflation, rising interest rates, and the Iran war’s impact on energy prices, reduced fiscal flexibility, with experts projecting a £7.1 billion loss in headroom by 2030/31.
While officials cited prior preparations, critics highlighted ongoing fiscal strain from rising borrowing and tax increases amid persistent economic pressures.
124 Articles
Los costos de endeudamiento del Reino Unido alcanzaron un máximo de 18 años, ya que el déficit del sector público casi duplicó las previsiones, impulsado por la inflación, la guerra y el aumento de las tasas.