Rachel Reeves Blamed Liz Truss — Now Borrowing Costs Are Surging Under Labour

For years, Labour told voters that rising borrowing costs proved Liz Truss had “crashed the economy”.

But now UK borrowing costs are higher than during the Truss chaos — and rising again.

So here’s the question:

If rising gilt yields were a crisis under the Conservatives, what are they under Labour?

Gilt yields sound technical. They are not.

They are basically the interest rate on Britain’s national credit card.

And when that rate rises, taxpayers pay more in debt interest — leaving less room for tax cuts, services or investment.

I’ve broken it down in plain English in my latest Stat of the Nation 👇