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Politics · 21 June 2026

Political uncertainty drives up UK borrowing costs

Political uncertainty drives up UK borrowing costs

Political upheaval is "enormously disruptive" and makes government borrowing more expensive, according to a former top civil servant. Simon Case, who was the UK's top civil servant, told the BBC that political uncertainty "costs us money" by increasing borrowing. City investors are worried a Labour leadership contest could push up UK government borrowing costs further.

Reported by BBC · How we write briefs

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