Public Sector: Borrowing
The question
To ask the Chancellor of the Exchequer, what discussions her Department has had with the International Monetary Fund on the borrowing rates being paid by the UK government.
Answered by Emma Reynolds
The Government does not comment on specific financial market movements. Financial market movements including gilt yields are determined by a wide range of international and domestic factors. Demand for UK debt remains strong, and we continue to monitor developments.
As part of ongoing engagement with many different stakeholders relevant to the conduct of economic and fiscal policy, the Government engages regularly and constructively with the IMF, and values their independent advice.
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