Why would any Tory challenger want to oust Truss until after Hunt has already made all the necessary decisions around fiscal tightening? Better to take over with the changes already a fait accompli r… (View Post)

He does seem to be making more difficult but correct decisions as compared to Sunak's 'load all the expense on the workers' approach. Kwarteng of course not even worth including in the… (View Post)

From Labour's perspective, the Tories holding on for two more years with a competent chancellor making difficult decisions is a good outcome. It means the house fire will have mostly been put ou… (View Post)

Bond yields open down around 0.3%. Early days, but it looks like Hunt will come out looking very favourable when the history of this whole saga is written. (View Post)

It may have been popular, and as a standalone measure it may have not created this crisis, but Hunt now understandably needs to restore market confidence and that means erring on the side of fiscal p… (View Post)