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UK borrowing costs highest since May as oil surges
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1
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NEWSDECK ANALYSIS
The yield on 10-year UK government bonds is a key indicator of the country's borrowing costs, influencing the cost of mortgages, loans, and other debt. A rise in oil prices can have a significant impact on inflation and, in turn, affect interest rates and borrowing costs. The increase in borrowing costs comes at a sensitive time, with a change in leadership imminent and the new prime minister set to face significant economic challenges.
This story is currently only covered by one source from a single part of the political spectrum. NewsDeck will update this page automatically if other outlets pick up the story.
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FT UK
UK borrowing costs highest since May as oil surges
Ten-year yield back above 5% just days before Andy Burnham set to become prime minister
14 Jul, 09:00
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