The Perils of Bond Markets and Economic Management

Is the UK teetering on the edge of economic chaos? With bond yields now higher than Greece’s and a rapidly weakening pound, we explore why Britain’s financial foundation is cracking. From the historical parallels of past currency crises to the implications of its overreliance on financial services, we break down the risks ahead. Economist Philip Pilkington joins to discuss what’s fueling the current turmoil, the role of international markets, and whether the IMF might be forced to step in. Could this spell the end of Labour’s new government, and even reshape Britain’s political landscape?

Join the gang! https://plus.acast.com/s/the-david-mcwilliams-podcast.

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