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Mex@feddit.uk to United Kingdom@feddit.ukEnglish · 5 months ago

Pound falls further as UK borrowing costs soar

www.bbc.com

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Pound falls further as UK borrowing costs soar

www.bbc.com

Mex@feddit.uk to United Kingdom@feddit.ukEnglish · 5 months ago
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Pound falls and bond yields rise but UK rules out emergency action
www.bbc.com
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Economists have warned the rise could mean further tax hikes or spending cuts by the government.
  • TheGrandNagus@lemmy.world
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    5 months ago

    Angers me so much that we didn’t make use of cheap borrowing while rates were so low.

    • mannycalavera@feddit.uk
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      5 months ago

      Oh we did. Just not to spend on improving the country or infrastructure ☺️.

      Lots of people got lots of rich.

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