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Chancellor Healey says UK government borrowing costs are at “historic highs” [SOUND]

# UK Chancellor John Healey has refused to rule out tax increases in next month’s Budget, after acknowledging government borrowing costs are at “historic highs”. The country’s long-term government borrowing costs reached an 18-year high last week, amid the impact of the US-Israeli war, which pushed the price of oil closer to one-thousand-596-rand-90-cents a barrel. Healey says the top priority is to support stronger growth across the UK while sticking firmly to the government’s fiscal rules:

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