UK’s National Debt Cost Hits 20-Year High

October 4, 2023 World news Comments Off on UK’s National Debt Cost Hits 20-Year High

The interest paid on National Debt by the UK’s government has reached a 20-year-high. Apparently, the rate on 30-year bonds has reached 5.05%. The rise in the cost of borrowing comes at a difficult time for the chancellor, Jeremy Hunt as he prepares for the November 22 autumn statement. In a clarification, Mr Hunt said that tax cuts will not ...

Boris Johnson Seeks Support From Tory MPs Over Brexit Bill

September 12, 2020 World news Comments Off on Boris Johnson Seeks Support From Tory MPs Over Brexit Bill

Boris Johnson has urged Conservative MPs to support his plan to override part of the Brexit Withdrawal Agreement. He said the party must not return to “miserable squabbling’’ over Europe in a zoom call with over 250 of the MPs. The European Union warned the UK about facing legal action should it fail to ditch controversial elements of the Internal ...