UK Budget Under Fire as Costs Surge | Business and Finance News

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Recorded02 Sep 2026

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UK borrowing costs soar to 1998 highs, threatening a £6 billion budget shortfall and forcing tough choices on defense and tax hikes. With markets rattled and taxpayers already facing a £75 billion tax burden, the Chancellor’s next move could spark wider economic pain — especially as experts argue that middle earners should shoulder more of the load for national spending. The pressure is mounting: every fiscal decision now carries ripple effects across households and businesses. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/6a418c4c24b6e606

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