Rising bond yields push up long-term borrowing costs, finance review finds
United Kingdom Finance’s monthly review points to energy-driven inflation risks and cautious consumer spending ahead of the Bank of England’s forthcoming monetary policy decisions.
A fictional Treasury official crouches inside an increasingly cramped office. A huge upward arrow labelled ‘BORROWING COSTS’ raises the floor towards a fixed ceiling marked ‘FISCAL RULES’. The official tries to open a red Budget case, but its lid immediately meets the ceiling.
Join the conversation