Inflation Pushes Public Debt Interest to New November Record
By Lily Zhou The UK has spent £7.7 billion on servicing central government debt in November, the highest for the month on record, according to official data published on Thursday. The Office for National Statistics (ONS) showed that £3 billion of the bill was for additional interest on index-linked gilts that was largely driven by the 0.5 percent increase in Retail Prices Index (RPI)…
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