oil prices
Markets Narrow Healey's Budget Margin to a Fraction
Treasury admits reduced options as external shocks collide with eroded buffers and rising borrowing costs.
Facts first. Parties second.
2 articles
oil prices
Treasury admits reduced options as external shocks collide with eroded buffers and rising borrowing costs.
UK Economy
The recent turmoil in the UK bond market is a stark reminder that the Bank of England's independence is a thing of the past. As the government grapples with rising borrowing costs and a faltering economy, the central bank's ability to act as a credible counterweight has been severely undermined.