Once we start defining the ultra wealthy in a way that avoids 'ordinary' people, you end up with a small number of people who can easily find ways to avoid significant increases in tax on their wealt… (View Post)
Reeves somewhat strengthened by the ~20bp yield rise we saw on longer-dated bonds yesterday following speculation of her sacking. And we've seen a partial rally this morning following Starmer's suppo… (View Post)
Of G7 countries, our debt/GDP ranks the second best. Only Germany has lower. And that's by a long way. Our fiscal position is terrible, but we're not the ugliest person at the party here. (View Post)
From a purely domestic politics perspective, the fact that oil is back below $70 per barrel is probably more important than people's view on Starmer's actions in relation to a war that the UK took no… (View Post)