The yield on the UK government’s 10-year bonds hit the highest level Thursday since the 2008 global financial crisis. The increase makes it more costly for the Labour government to finance current operations and repay the debt, raising the risk it will have to make spending cuts or hike taxes. What happened? The yield on […]
The post UK on red alert over jump in govt borrowing costs appeared first on The Guardian Nigeria News – Nigeria and World News.
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