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Animated chart showing how UK central government debt interest would rise rapidly under modest rate rises. A two percentage point rate rise on inflation, gilt yields and the Bank of England base rate would more than double debt interest in the years ahead

Editor's pick

Chancellor navigates fragile UK public finances

Small rate increases will cause big jump in borrowing costs due to soaring public debt

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TAGS: Office for Budget Responsibility, Rishi Sunak, UK public finances, Coronavirus economic impact, UK government spending, Global Economy, UK Budget

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