Moody's has warned that the UK government's latest budget poses a new challenge for public finances. The credit rating agency highlighted concerns over the government's increasing reliance on borrowing to fund its spending plans. As the UK economy continues to recover from the pandemic, Moody's urged policymakers to prioritize fiscal sustainability and address long-term debt levels.

Source: https://www.ft.com/content/560d6639-a6ff-48c2-b4d0-a5249bbe2c1d