UK long-term borrowing prices have hit their highest degree since 1998.
Growth has floor to a halt, official information and personal surveys have proven, for the reason that second half of final 12 months.
Sky News’ Ed Conway explains the impression of elevated long-term borrowing prices and compares them to these within the US and Germany.
Read extra: https://news.sky.com/story/chancellor-on-course-to-tighten-whitehall-budgets-further-due-to-worsening-economic-outlook-13285165
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