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UK long-term borrowing costs hit highest since 2008 ahead of October Budget

BBC News · WorldNews · 2026-09-01

UK long-term borrowing costs hit highest since 2008 ahead of October Budget

The yield on 30-year gilts hit its highest level since 1998 UK long-term borrowing costs hit highest since 2008 ahead of October Budget. The yield on 30-year gilts hit its highest level since 1998, adding to the pressure on government spending.

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