The government placing a massive gamble on unfunded tax cuts with no OBR oversight = putting house on black. The bond market losing faith in government and refusing to lend what they have asked for =… (View Post)

The bond market is in meltdown and you want to double down. Economists aren't the problem. The problem is the government wants to borrow extra billions and the market doesn't have confidence in Truss… (View Post)

I think Starmer has nailed it with his attack line: "Tory casino economics is gambling the mortgages and finances of every family in the country." Labour will pull further ahead as the Gove… (View Post)

I think there's a very real risk the government triggers a debt crisis. Here's the difference with 2020: - The Bank of England is now selling gilts in the billions, not buying them - UK pension schem… (View Post)

Quantitative tightening announced as well. £80bn over the next 12 months starting in October. (View Post)