Part 2/10:
In recent months, the UK has seen a significant rise in borrowing costs, reaching levels not witnessed since the financial crisis of 2008. This increase is part of a broader trend affecting global bond markets, yet the UK's situation appears particularly perilous. Recent economic indicators paint an alarming picture, with weak GDP figures and rising unemployment contributing to a struggling fiscal outlook. Coupled with a falling pound, these factors have put immense pressure on the UK economy.