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Government issues debt at highest interest rate since financial crisis on eve of Budget
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City AM
Government issues debt at highest interest rate since financial crisis on eve of Budget
The Debt Management Office has been forced to sell nearly £5bn of five-year gilts at their highest interest rate since 2008, underscoring the fiscal challenge facing John Healey on the eve of his maiden Budget. The body responsible for selling the UK’s debt said it had issued £4.5bn of bonds maturing in 2032 at a [...]
27 Oct, 14:14
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