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it s tearing our margins to shreds, we are trying our best to absorb . what cost increases we can. but ultimately, because - the pressure the business is under, we expect to have to put prices up as a result. at the labour conference, the party outlines its own plans for the economy, including cancelling the tax cut for top earners. with a labour government, those at the top will pay theirfair share. the 45p top rate of income tax is coming back. we ll have the latest on the uncertainty over the government s approach to managing the economy. also tonight: in eastern ukraine, we report from the city of bakhmut the latest target of constant russian shelling. in the last few minutes we have been hearing incoming and outgoing shells every 30 seconds or so. it really doesn t stop. and england and germany play out a six goal thriller. and england and germany play out a six goalthriller. but and england and germany play out a six goal thriller. but still no win for the three ....
For the Us Government to borrow money for 30 years. The big spike at the end is the concern. That is the cost of borrowing over 30 years. The Us Government is being forced to pay more as investors worry they will lose out when compared to the returns they can get from those higher Interest Rates. Its a similar story in the uk where like other governments there will be concern in the corridors of power that it costs more to pay off the National Debt and so there is less cash for other things. Simon french is Chief Economist at the uk Investment BankPanmure Gordon and i asked him to explain to me what is ....