BBC News: Reports in its 6.03pm the following, " Government bond markets have all fallen since the start of the US-Israeli war with Iran, meaning the effective cost of borrowing for governments has shot up. "
Let's Get Real:
This is bad for Government funding, that means the government can spend less on Defence, and other government priorities. The shock from the closure of the Strait of Hormuz has not really hit the UK yet, it will, the PM has warned inflation is coming, and the War is not finished as yet, it could days, weeks even months. Start saving those pennies.
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