The pigs are flying in southern europe

The run up to the Budget in November has already been dominated by headlines about a “meltdown” in the bond market and a yawning “£50bn” black hole that will have to be filled by more tax increases. S

The apologists for the relentless expansion in the size and cost of Britain’s public-sector debt like to point out that other major developed economies face a similar predicament. Although government

“America has progressed from infancy to senility without passing through a period of maturity.” So said a character in one of Ian Fleming’s short stories in 1960. He was wrong then – or, was he, as so

Despite legitimate concerns this does not look like a repeat of the mini-Budget crisis three years ago

“British gilts are the most undervalued financial asset on the planet,” says Ambrose-Evans Pritchard in The Telegraph. The UK ten-year gilt yields a decent 4.7%. Yet investors prefer to pile into bitc

Libertarian president Javier Milei has been facing a gathering currency crisis after his party suffered a stinging defeat in local elections earlier this month. The peso has shed about a fifth of its