Confusion is the keyword for UK bonds as financial markets’ confidence fades

The yields on British government bonds have drifted upwards again. As many commentators have pointed out, we are back at the levels experienced during the short-lived premiership of Liz Truss. An obvious culprit is government debt, now at around 100 per cent of GDP in the UK. This in itself can create anxiety in the […]

Hikes to national insurance funds a level of public services we can’t afford

The government’s plan to increase National Insurance has sparked the predictable furore.  The pressures to raise taxes to pay for the level of public services the electorate have come to expect is hardly new.  The welfare state was created immediately after the Second World War. For a time, the financial demands were held in check. […]