UK 5-yr gilt yield hits highest since 2008 ahead of Budget
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The Center for Global Development projects the UK will fall short of its 0.3% GNI aid commitment by roughly £400m by end-2027, based on current spending plans. The shortfall reflects a continued post-2020 reduction in UK aid spending, and the figure is an estimate subject to fiscal changes. This matters as it signals a potential breach of a stated policy commitment, affecting UK development credibility and international aid flows.
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