
Why are borrowing costs surging?
Coffee House Shots
00:00
The Risks of Inflation Under the Liz Trust
The UK is usually sensitive to interest rate rises something like a quarter of our national debt is inflation linked. So when inflation goes up this translates very quickly into absolutely huge costs for the government. And I think that the bigger worry here is our markets just responding to another interest rate hike or our market signaling how worried they are. Fraser what's your thoughts on this?
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