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Reeves to press ahead with plans to borrow billions for investment
Exclusive: chancellor’s plan to change rules to allow more borrowing comes as cost of government debt rises
Rachel Reeves is pushing ahead with plans to borrow billions of pounds extra for infrastructure investment, the Guardian has learned, despite concerns about the rising cost of UK government debt.
The chancellor told the cabinet on Tuesday she wanted to change how the Treasury accounted for capital spending to reflect its benefits, as allies say she intends to finalise her debt rule in the coming days.
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Business - Financial Times
UK borrowing costs climb as Reeves walks ‘tightrope’ over spending plans
Gap between yields on gilts and German bonds has reached widest in more than a year ahead of Budget10 hours ago - United Kingdom -
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FirstFT: Wild day for Chinese stocks after weeklong holiday
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Ahead of hurricane strike, Floridians should have a plan, a supply kit and heed evacuation advice
Emergency managers say having a plan and an emergency kit before Hurricane Milton strikes is paramountYesterday
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