Tag: Government borrowing
UK Borrowing Costs Surge to Post-Election High Ahead of Reeves’ Budget
UK borrowing costs have surged to their highest level since the last general election, as investors brace for the upcoming budget announcement by Chancellor Rachel Reeves. The yield on 10-year UK government bonds rose...
Global Public Debt Surpasses $100 Trillion in 2021, According to IMF
Global public debt has reached a staggering $100 trillion in 2021, as reported by the International Monetary Fund (IMF). This significant milestone highlights the growing financial challenges faced by countries around the world, particularly...