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The GuardianUK News & Comment• 1 min read

Oil price rise creates more pressure on UK policymakers before budget

Oil price rise creates more pressure on UK policymakers before budget

Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costs International bodies warn of rising debt and borrowing risks Burnham stands by claim UK is ‘in hock’ to bond markets Oil prices lurched upwards again on Thursday…

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