RE: OBR- £60-70 BILLION KWARTENG HOLE9 Oct 2022 15:28
sc
''Its not the level of debt what concerns financial markets, but what the Government does with borrowed money.''
would the financial markets like it better for households and businesses not to be supported with energy costs do you think?
''The UKs lack of credibility can be clearly seen in the rising level of interest the Government pays on its debts, and the fall in Sterling''
Can the UK's lack of credibility clearly been seen in the fall of the Euro crashing to below parity (and still there) ?
As for mortgages - long term in the USA the rate is at about 7%