UK must not go on any 'borrowing binge' -Hunt

UK must not go on any 'borrowing binge' -Hunt
Jeremy Hunt Image Credit: ANI
  • Country:
  • United Kingdom

Britain must not go on a "borrowing binge", finance minister Jeremy Hunt said on Wednesday, after data showed an unexpected slowdown in inflation last month.

"The one thing we must not do now is to go on any kind of borrowing binge, as advocated by others, because that would only mean ... that interest rates will stay higher for longer," Hunt told reporters.

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