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The Independent UK
The Independent UK
Business
David Hughes

Government borrowing costs rise ahead of Reeves’ first Budget

Rachel Reeves Budget Sir Keir Starmer Andrew Bailey Gareth Davies PSNFL
Chancellor of the Exchequer Rachel Reeves at the Labour Party Conference (PA) - (PA Wire)

The cost of Government borrowing increased on Thursday following speculation Rachel Reeves could change debt rules to spend billions more on investments.

The Chancellor is widely expected to announce a technical change in the way debt is measured when she delivers her Budget on October 30.

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