Question to the HM Treasury:
To ask His Majesty's Government what assessment they have made of the rates that the UK pays on 10-year and 30-year bonds compared to other G7 countries; and what analysis they have done on the reason why the UK pays higher rates on bonds than other countries.
The Government does not comment on financial market movements. Last year borrowing fell 1 percentage point (over £20 billion) to its lowest level in six years. The IMF have forecast that, between 2025-2030, the UK will be reducing the deficit by more than any other G7 or G20 country.