‘bear steepener’ starts to stalk the chancellor

Issue of the week: trouble in the gilt ...

Speculation has reached fever pitch about the contents of the government’s forthcoming Autumn Budget. This follows the assessment of the highly respected NIESR (National Institute of Economic and Soci

François Bayrou, the beleaguered French prime minister, has said that the 8 September confidence vote in parliament, which is expected to go against him and his budget proposals, will not decide “the

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

Parents of young children, and pet owners, often start to worry when they have been enjoying an unusually long period of silence. Investors are experiencing a similar sensation. Markets seem calm, wit

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