UK borrowing costs hit highest level since 2008 financial crisis
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The UK's borrowing costs have hit their highest level since the 2008 financial crisis as the energy price surge sparked by the US-Israel war with Iran has raised fears over the state of the public finances. The benchmark rate for government's long-term borrowing costs has climbed above 5%. The government debt sell-off is due to concerns about higher interest rates, sticky inflation, the potential public cost of helping households with energy bills, experts say. Danni Hewson, AJ Bell's head of
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