He said: “We are already borrowing quite a lot, our own interest bill is ticking up. What that does is risk interest rates having to go up even more.”
This is what happens when you force a productive economy to become unproductive. How did that wine taste in your garden during Covid?
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Loans Loans Latest News, Loans Loans Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Rishi Sunak warns 'mortgage payments will rise by more than £1,000'The Chancellor Rishi Sunak warned cabinet colleagues to avoid borrowing more to fund public spending as it risked stoking inflation even further. He said, that's nearly as much as my trainers ffs lol. 👟 5 reasons why Prices are going up and 10 things will be more expensive till the end of 2022 SunakOut
Source: DailyMailUK - 🏆 7. / 90 Read more »
Rishi Sunak threatens energy firms with windfall taxRishi Sunak has told the cabinet that interest rates are expected to increase to 2.5% over the next year as he warned ministers against borrowing more to fund public spending Didn't he do well ? £1000 per head function, non dom tax rate, nice little grant for the wifey, missed out on the cuddly toy.
Source: The Times - 🏆 71. / 59 Read more »