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Burnham warned against using ‘accounting trick’ to ramp up borrowing
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Burnham warned against using ‘accounting trick’ to ramp up borrowing
Andy Burnham and John Healey have been warned against using an “accounting trick” to ramp up borrowing given the volatility shaking bond markets and traders’ vigilance to extra gilt issuance. Analysts at Oxford Economics said that it looked likely the government would use extra borrowing across bodies like the British Business Bank and the National [...]
10 Sept, 12:19
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