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Whitehall braced for spending cuts after UK hit by bond market turmoil
受债券市场动荡影响,英国白厅准备削减开支

Rising gilt yields mean government departments may face further squeeze
金边债券收益率上升意味着政府部门可能面临进一步紧缩。
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. 

由于财政部在借贷成本飙升后寻求节省,英国政府各部门正在为今年夏天更严厉的支出结算做准备。

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