Quote of the day 11th March 2025

"When the 10  year government borrowing rate hit  4.38% for one day in 2022 Rachel Reeves said this crashed the economy.

All  this year the 10 year rate has been higher, hitting 4.84% and now at 4.6%. 

Overall debt  interest payments  are much higher, requiring cuts in spending."

John Redwood today on X, formerly Twitter.

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