Hey Big Spender: Why The UK's Bond Problem is Growing

The UK is grappling with escalating bond issues, as government spending and borrowing soar while growth stagnates. With gilt yields hitting highs unseen since the '90s, pressure mounts on Chancellor Rachel Reeves. The discussion delves into the tension between fiscal strategies and market responses, alongside global influences like U.S. interest rates. Skepticism surrounds proposed economic strategies amid a backdrop of past failures and external distractions, while market volatility raises significant concerns for personal finance.