EPISODE · Jul 9, 2025 · 4 MIN
Why is UK borrowing costs so elevated? | Morning Markets
from True Potential Morning Markets · host True Potential
Kevin Kidney, Head of Investments, discusses the current state of the UK’s fiscal predicament and the position Chancellor Rachel Reeves finds herself in as she meets resistance from Labour MP’s in her efforts to restore public finances. Regardless of sticky inflation, around 3%, the direction of travel is clear for the Bank of England and interest rate cuts are still likely in the coming months.
What this episode covers
Kevin Kidney, Head of Investments, discusses the current state of the UK’s fiscal predicament and the position Chancellor Rachel Reeves finds herself in as she meets resistance from Labour MP’s in her efforts to restore public finances. Regardless of sticky inflation, around 3%, the direction of travel is clear for the Bank of England and interest rate cuts are still likely in the coming months.
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Why is UK borrowing costs so elevated? | Morning Markets
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