Interest Rates, should decrease when the market has confidence the Government has a plan to tackle the National Debt and is acting on that plan. That could reduce costs by over £1 Billion.

To avoid harsh austerity and the country forced to make huge reductions in expenditure, the country needs to be on a better course to avoid increase in borrowing costs if it is seen as a poor investment, for every 1% increase in borrowing costs it will mean £28 Billion (equal to the total spend on Department of transport) that has to be found from more Taxes or cuts in Expenditure.

Hopefully the interest rates will come down 2% over the next several years this could reduce interest expenditure by £60 Billion but only if investors have confidence and base rate decreases.

Recent history shows with Liz Truss ill-fated budget, the markets can turn adverse very quickly if they lose confidence.

Risk of No Action: if increase cost because financial markets does not Trust UK or see they see opportunity to short UK, that will cost, us all!