Pre-budget jitters cause cost of government debt to creep higher

Pre-budget jitters cause cost of government debt to creep higher …C0NTINUE READING HERE >>>

PRE-BUDGET jitters have caused the cost of government debt to creep higher.

The rise comes despite the Chancellor desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini Budget in 2022.

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Jitters over Rachel Reeves’ Budget have caused the cost of government debt to creep higherCredit: PA

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The Chancellor is desperately hoping to avoid a repeat of the meltdown that followed Kwasi Kwarteng’s mini Budget in 2022Credit: EPA

Government bonds, or gilts, are seen as…

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