Politics

UK Treasury hopes to kick-start economy with GBP 9bn a year borrowing bonanza, reports The Times

StockNow breaking-news AI analysis

The UK Treasury reportedly plans to borrow GBP 9bn annually for infrastructure and housing to boost growth, amid high Gilt yields and narrowing fiscal headroom.

News detail

Ministers are drawing up plans to boost economic growth by increasing government borrowing and spending the money on infrastructure, housing and support for business.

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