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Whitehall braced for spending cuts after UK hit by bond market turmoil
受債券市場動盪影響,英國白廳準備削減開支

Rising gilt yields mean government departments may face further squeeze
金邊債券收益率上升意味著政府部門可能面臨進一步緊縮。
The Treasury has signalled that, if necessary, it will reduce expenditure rather than increase taxes

Whitehall departments are bracing for harsher spending settlements this summer as the Treasury seeks savings following a jump in its borrowing costs. 

由於財政部在借貸成本飆升後尋求節省,英國政府各部門正在爲今年夏天更嚴厲的支出結算做準備。

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