Politics Hub with Sophy Ridge | Alarm bells for the UK economy as borrowing costs hit 27 year high
September 2, 2025
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1:33:09Now PlayingPolitics Hub with Sophy Ridge | Alarm bells for the UK economy as borrowing costs hit 27 year high
YouTube Description
as posted by the channelJoin Sophy Ridge as the value of the pound has sunk - as the cost of 30-year government borrowing reached a high last seen in 1998.
The so-called spot rate saw one pound buy $1.336 on Tuesday, a low last seen in early August, and down from $1.353 earlier in the day.
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