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UK Budget Under Fire as Costs Surge | Business and Finance News
Description
UK borrowing costs soar to 1998 highs, threatening a £6 billion budget shortfall and forcing tough choices on defense and tax hikes. With markets rattled and taxpayers already facing a £75 billion tax burden, the Chancellor’s next move could spark wider economic pain — especially as experts argue that middle earners should shoulder more of the load for national spending. The pressure is mounting: every fiscal decision now carries ripple effects across households and businesses.
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