Gilts
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financeUK Borrowing Surges Past Forecasts as Debt Interest Costs Spike
UK government borrowing hit £23.3 billion in May, exceeding forecasts by £5.6 billion. Rising debt interest and Middle East energy costs are straining public finances and complicating Bank of England policy.
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financeUK Inflation Resurgence Threatens Rate Relief as May Data Looms
UK inflation is set to reverse its April decline, climbing back toward 3.0% due to Middle East energy pressures, complicating the Bank of England's next interest rate decision.