Javid aims to take advantage of cheap borrowing - Times
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LONDON (Reuters) - New Chancellor Sajid Javid is looking at how best to take advantage of record-low borrowing costs when he sets out his first budget later this year, according to an interview published late on Friday.British government bond yields - which determine the cost of new borrowing - fell to a record low this week on fears of a global economic downturn, and Prime Minister Boris Johnson's government has already promised to review existing budget rules."It is obvious to me that when..