Pound falls as borrowing costs rise to highest since 2008 - BBC.com

Economists have warned the rise could mean further tax hikes or spending cuts, as Treasury seeks to reassure markets.

By: BBC News

Jan 10 2025
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The pound continued to fall on Thursday after UK government borrowing costs rose. The drop came as UK 10-year borrowing costs surged to their highest level since the 2008 financial crisis when bank … [+3987 chars]

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