Source · Select Committees · Treasury Committee
Recommendation 5
5
Paragraph: 37
Due to the increase in Government debt, the proportion of gilts that are index linked,...
Conclusion
Due to the increase in Government debt, the proportion of gilts that are index linked, as well as the proportion of UK Government debt that has been financed through the issuance of Bank of England reserves, the public finances are highly sensitive to increases in inflation and interest rates.
Paragraph Reference:
37
Government Response
A response document is linked to this report, dated 2 March 2022. Response attribution to this conclusion has not been verified. Read the response document ↗