Government borrowing higher than expected in November
Borrowing - the difference between public spending and tax income - was £11.7bn last month.
Last updated: 2025-12-19 12:07:33 ET
Borrowing - the difference between public spending and tax income - was £11.7bn last month.
Rate rises in Japan ripple through global markets and might even push up the cost of borrowing in the U.S.
It comes as new PM Sanae Takaichi is keen for inflation to fall but also needs low government borrowing costs.
The Bank of Japan moved to slow inflation as the prime minister is borrowing more to fund an ambitious effort to build up industry and support househo...
Norges Bank held its key policy rate at 4% and reconfirmed plans to slowly ease monetary policy in the coming years.
Analysts believe the Bank rate will fall from 4% to 3.75%, lowering the cost of borrowing.
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