Business

Truss Plan to ‘Turbo-Charge’ UK Economy Already Alarms Markets

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Should Truss win, she’d inherit inflation at 10.1% and on track to breach 20% for the first time since 1974, according to Goldman Sachs Group Inc. Investors are betting interest rates rise to 4.75% by May, threatening misery for mortgage borrowers more familiar with rates below 1%.



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