Will Rachel Reeves borrow an extra £80bn to fund government spending?
Rachel Reeves could borrow an extra £80bn to fund government spending on infrastructure and green energy, according to lenders. The Chancellor is trying to convince investors in UK government bonds, also known as gilts, that they can support tens of billions of pounds in additional borrowing without triggering a Liz Truss-style market panic. An assessment by Lloyds Banking Group has now found they would be willing to lend the government £80bn more of gilts over the next five years “for productive infrastructure investment”. Get more of the story 👇 https://www.cityam.com/rachel-reeves-could-borrow-80bn-over-next-five-years-lenders-say/ Get more of City AM 👇 🌐 http://www.cityam.com X(formerly Twitter): http://twitter.com/CityAM Facebook: http://www.facebook.com/cityam Instagram: http://www.instagram.com/city_am LinkedIn: www.linkedin.com/company/cityam Produced by: Lars Mucklejohn, Scarlett Wild, Larissa Howie