UK Borrowing Costs Climb To Fresh Financial Crisis Era High As Markets Lose Confidence In Political Direction
UK borrowing costs have climbed to their highest levels since the aftermath of the 2008 financial crisis, raising fresh concerns over Britain’s economic credibility as investors grow increasingly uneasy about political uncertainty, rising public spending pressures and the country’s long term fiscal direction.
Kirsty O’Connor / HM Treasury
Britain’s borrowing costs have climbed to their highest levels since the aftermath of the 2008 financial crisis, raising fresh concerns about the country’s economic credibility as investors grow increasingly uneasy over political instability, inflation pressures and the long term direction of the UK economy.
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