Markets

Recruit Bond Markets to Reset U.K. Fiscal Policy

There's a once-in-a-lifetime opportunity to invest for the future. The U.K. should take full advantage of it.

The bond market can pay for more of these.

Photograph: Jeff Gross/Getty Images

If Chancellor of the Exchequer Philip Hammond is serious in his pledge to “reset” fiscal policy, here’s a suggestion: Co-opt the bond market to fund a much-needed revival of infrastructure investment.

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