{"id":54293,"date":"2020-12-02T06:52:25","date_gmt":"2020-12-02T06:52:25","guid":{"rendered":"https:\/\/www.taxresearch.org.uk\/Blog\/?p=54293"},"modified":"2020-12-02T06:52:25","modified_gmt":"2020-12-02T06:52:25","slug":"will-increased-interest-rates-make-the-national-debt-unaffordable","status":"publish","type":"post","link":"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/12\/02\/will-increased-interest-rates-make-the-national-debt-unaffordable\/","title":{"rendered":"Will increased interest rates make the national debt unaffordable?"},"content":{"rendered":"<p>Many commentators - from Robert Peston onwards - are obsessing that if interest rates rise then the government will be overwhelmed with debt servicing costs. In this video I explain why given the long age of our debt and the improbability of official interest rates getting anywhere near 1% in the next few years this is a complete non-issue.<\/p>\n<p><iframe loading=\"lazy\" title=\"Will increased interest rates make the national debt unaffordable?\" width=\"500\" height=\"281\" src=\"https:\/\/www.youtube.com\/embed\/l26aCbdqEpk?feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Many commentators &#8211; from Robert Peston onwards &#8211; are obsessing that if interest rates rise then the government will be overwhelmed with debt servicing costs.<br \/><a class=\"moretag\" href=\"https:\/\/www.taxresearch.org.uk\/Blog\/2020\/12\/02\/will-increased-interest-rates-make-the-national-debt-unaffordable\/\"><em> Read the full article&#8230;<\/em><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[35,106,194],"tags":[],"class_list":["post-54293","post","type-post","status-publish","format-standard","hentry","category-economics","category-politics","category-youtube"],"_links":{"self":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/54293","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/comments?post=54293"}],"version-history":[{"count":0,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/posts\/54293\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/media?parent=54293"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/categories?post=54293"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.taxresearch.org.uk\/Blog\/wp-json\/wp\/v2\/tags?post=54293"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}