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Government borrowing cost climbs to 5.25 percent under Labour, Chris Rose writes

Government borrowing cost climbs to 5.25 percent under Labour, Chris Rose writes
Government borrowing cost hits 5.25 percent

Chris Rose highlights that the cost of government borrowing in the U.K. has reached 5.25 percent under the Labour party, surpassing the 4.6 percent rate that occurred during Liz Truss’s tenure.

He points out that Labour was critical when rates climbed under Truss and questions Labour’s role in the current state of the economy.

Chris Rose has previously reported on rising inflation and unemployment, alongside falling job vacancies in the UK. In a recent piece, he noted the increase in unemployment rates as local measures struggled to keep pace. Details of these trends are outlined in his earlier analysis.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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