“It would have been much better to have reduced the scale of short-term liabilities earlier, as we have argued for some time, and to exploit the benefits of longer-term debt issuance. This is very much a question for the Treasury to answer,” said Prof Chadha.
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Everything, Mr Abbott admits, feels like a gamble at the moment. Unless rates start to fall soon, they will...
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Jonathan Brearley, chief executive of Ofgem, said: “We know this rise will be extremely worrying for many people, especially...
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