This is a news story, published by BBC, that relates primarily to Budget news.
For more United kingdom business & economics news, you can click here:
more United kingdom business & economics newsFor more news from BBC, you can click here:
more news from BBCOtherweb, Inc is a public benefit corporation, dedicated to improving the quality of news people consume. We are non-partisan, junk-free, and ad-free. We use artificial intelligence (AI) to remove junk from your news feed, and allow you to select the best business news, entertainment news, world news, and much more. If you like this article about United kingdom business & economics, you might also like this article about
Government borrowing costs. We are dedicated to bringing you the highest-quality news, junk-free and ad-free, about your favorite topics. Please come every day to read the latest spending cuts news, borrowing levels news, news about United kingdom business & economics, and other high-quality news about any topic that interests you. We are working hard to create the best news aggregator on the web, and to put you in control of your news feed - whether you choose to read the latest news through our website, our news app, or our daily newsletter - all free!
higher borrowing costsBBC
•World
World
77% Informative
Government spending 7bn a year more paying interest on its debt than it was at the time of the Budget .
Resolution Foundation says higher tax or cuts may be needed if it wants to stick to self-imposed rules.
Government borrowing costs began rising after the Budget last Autumn.
Treasury says commitment to fiscal rules is "non-negotiable".
VR Score
81
Informative language
80
Neutral language
26
Article tone
semi-formal
Language
English
Language complexity
52
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
short-lived
External references
5
Source diversity
1
Affiliate links
no affiliate links