Britain is broke. How inflation-linked debt costs us £60bn a year
- Posted on July 11, 2025
- By The Times
- 1 Views
Britain is broke. How inflation-linked debt costs us £60bn a year
The rise of index-linked gilts was seen as a savvy solution to the UK’s borrowing crisis under Thatcher. More than 40 years later, the move has put Labour in a fiscal straitjacket
