
Government departments will have to pay for Treasury loans in the future.
From 2015, a one per cent charge on the borrowing amount will have to be paid.
Treasury Minister Eddie Teare announced the initiative during a sitting of the Economic Policy Review Committee.
He outlined why he's bringing in the policy:
Teenager who stabbed woman nine times jailed
Financial Times raises "serious questions" over government due diligence in King Gaming case
Treasury welcomes Bank of England interest rate cut
Significant increase in flu vaccine demand, says pharmacist