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Home›business›Surging debt interest bill piles Budget pressure on Healey: Alarm as UK's bond payments near critical level
business

Surging debt interest bill piles Budget pressure on Healey: Alarm as UK's bond payments near critical level

By Info60 UK Desk•Summary of reporting by This is Money•17h ago•0 views•
Surging debt interest bill piles Budget pressure on Healey: Alarm as UK's bond payments near critical level
The news will make grim reading for the Chancellor, John Healey, as he tries to make the sums add up in his maiden Budget later this month.
The amount the Government pays to service nearly £3trillion of national debt will exceed what it needs to borrow just to balance the books next year, official figures show. The news will make grim reading for the Chancellor, John Healey, as he tries ... [3368 chars]
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