Analysts from seven investment banks said they expect sales of UK government bonds to reach around £300bn for the year to March 2025, according to figures compiled by the Financial Times. The Treasury's existing net financing requirement for the year sits at £278bn, a figure that the analysts expect to rise to around £298bn, marking the second highest ever total, behind the borrowing that took place during the pandemic to finance furlough and other emergency schemes. UK government borrowing costs have edged higher over the past week, with 10-year gilts currently sitting at their hig...
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