Helen Chandler-Wilde: The UK’s Unpalatable Fiscal Truth
Andy Burnham last year
Photographer: Chris Ratcliffe/BloombergThis article is for subscribers only.
We have two pieces of news that go unhappily hand-in-hand today.
The first is that the gilt market is feeling jittery ahead of the Budget, with investors feeling less keen to lend to the UK government after seeing the current direction of their fiscal and political plan.