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 confidenc… (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 pen… (View Post)

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

In a different fiscal situation, I don't mind the choice of Truss' tax cuts: - NI is a tax on jobs and should never have been increased. Income tax was the way to do that if it needed to be… (View Post)