Corporate Finance
Cheaper Debt or Weaker Guardrail? The Barclays Proposal Splitting the Bank of England
Download PDF Introduction The UK government will spend close to £111.2bn servicing its debt this year, more than the entire schools budget. With 30-year gilt yields at their highest since 1998 and the Chancellor’s fiscal headroom at just £23.6bn, the pressure on the public finances is not letting up. A Read more…