UK’s Borrowing Costs Hit 18-Year High as Labour’s Fiscal Credibility Comes Under Fire

The cost of servicing Britain’s mountain of government debt has surged to levels not seen since the depths of the 2008 financial crisis, when Gordon Brown occupied Downing Street, a grim echo that will do little to reassure a Labour government now grappling with stagnant growth, rising taxes, and a Chancellor scrambling to explain how … Continue reading UK’s Borrowing Costs Hit 18-Year High as Labour’s Fiscal Credibility Comes Under Fire