Borrowing costs at highest since 1998: What does this mean for you?

UK borrowing costs hit 28-year high as pressure mounts on Starmer The yield on 30-year UK government bonds – also known as gilts – jumped as much as 13 basis points to 5.807 per cent. This is the highest number since 1998. Tom Swarbrick is joined by Ben Kumar from 7 Investment Management and Lord Jim O'Neill, advisor to Rachel Reeves when the Labour Party were in Opposition, to discuss what is happening to the UK economy right now. Listen to the full show on the all-new LBC App: https://app.af.lbc.co.uk/btnc/thenewlbcapp #TomSwarbrick #Labour #LBC #uknews #ukpolitics #keirstarmer LBC is the home of live debate around news and current affairs in the UK. Join in the conversation and listen at https://www.lbc.co.uk/ Sign up to LBC’s weekly newsletter here: https://l-bc.co/signup