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BBCNEWS Breakfast July 7, 2024

care workers out of theirjobs. its the late, late show at old trafford, as an injury time winner earns manchester united victory in the europa league, which keeps alive their chances of winning their group. we are live at kings cross station in london. say happy birthday to the worlds most famous train, the flying scotsman, celebrating 100 years on our ways. and as we steam towards the weekend, expect a mishmash of cloud, sunshine and rain at times. sunday looking driver many. coming u...
Kwasi Kwarteng Charlie Stayt Headlines Today Nina Warhurst Downing Street Scottish Government

BBCNEWS Breakfast June 4, 2024 05:30:00

When it wants to spend more money than its brought in through taxes, it needs to borrow, often from pension funds and insurers, and it agrees to pay them back, plus interest, after say five, ten or 30 years. if youre wondering why its called a gilt, its because in the 1800s these deals were done on paper with a gilded edge. another phrase you might have heard recently is �*yield. essentially thats the interest rate the government pays to its lenders. if lenders are worried about the government...
Pension Funds A Gilt Scottish Government Interest Rate Interest Payments Mini Budget

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