Government borrowing rises above levels hit in aftermath of Liz Truss’s mini-budget

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The cost of short-term government borrowing has risen above the levels hit in the aftermath of Liz Truss's controversial mini-budget. Our Economics Reporter Neil Macdonald reports.

The cost of short-term government borrowing has risen above the levels hit in the aftermath of Liz Truss’s controversial mini-budget.

Stronger than expected jobs and pay figures mean the markets are now pricing-in a rise in interest rates next week – as the Bank of England attempts to drive down inflation.

 

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