Mmastodon BusinessEconomy first seen 1 d ago, last 15 h ago, peak #8

Rising bond rates fuel UK austerity warnings

Original: "Higher bond rates are being presented as evidence that the government's debt is unaffordable. Old age pensions are unde

Higher government borrowing costs in the UK are being framed as proof that public debt has become unaffordable, putting pressure on welfare spending. Old age pensions, social care, and support for children with autism and ADHD are said to be under threat or rationed, with critics arguing that economic support for those in need is being scaled back.

Why now: Rising bond yields are renewing debate about UK fiscal policy and potential cuts to pensions and welfare.

United KingdomUK governmentgilt market

Open on mastodon →

Evidence

• "Higher bond rates are being presented as evidence that the government's debt is unaffordable. Old age pensions are under threat in the UK. So is social care, and support for children with autism and ADHD is being rationed. Economic support for everyone in need is being… · Andii@mas.to · 6

API: https://socialmediatrends-api.osmike.com/v1/trends/584523