UK: Government to borrow to pay for energy support

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Britain will publish new debt issuance plans later this month to fund Prime Minister Liz Truss’s energy support plan her office said on Thursday.

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“The intervention will initially be funded by the Government - HM Treasury and the Debt Management Office will publish an update to the 2022-23 gilt financing remit alongside the Chancellor's Fiscal Statement to the House later this month,” the statement said.

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