UK government borrowing costs hit their highest level since 2008 as inflation fears hit the gilt market
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Source: CNBC
Published: 2026-03-20 23:55 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Politics, Europe, Economy & Finance, Financial Markets, Business & Economy
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Snippet:
British government borrowing costs surged to their highest since the 2008 financial crisis on Friday, as investors scrambled to price in rising inflation risks and a growing probability of interest rate hikes later this year.
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