Less excess pressure selling into the market potentially. We'll have to wait and see what they come up with this time... Either way in around 2 years time there's gonna be plenty of former Tory MP's suddenly ...

Long-end yields ease on hopes of UK fiscal policy U-turn

Even if the dynamic duo do change tack somewhat and take pressure off the Bond Markets, inflationary pressures and rising interest rates will continue to force (pension) fund Managers to rebalance and restructure their funds to take account of ...

The pound is surging against USD following reports about a potential U-turn by the UK...

Talking about leaders not entirely in touch with reality. Amid a rate hiking cycle, Bonds with ultra low yields were never going to be able to sustain their prices. Adding the extra pressure of so much additional Government debt into an already ...

UK's PM Truss' Spokesman: There will be no further U-turns on economic plan

"Biden: Fighting Global Inflation Is His Top Priority" Interesting notion that the US must fight 'Global' inflation. Doesn't he realise that all this rate hiking and US posturing is causing an excessively strong Dollar which in turn is exacerbating ...

Biden: Fighting Global Inflation Is His Top Priority

However it get dressed up, it's just Business. Restrict supply - get more money for selling the same thing.... Market making 101...

US accuses OPEC+ of aligning with Russia, Gulf states deny politics at play

I think the bonus thing has been very in the background- that's kind of allowing them to earn more (potentially) as opposed to just giving them more money while screwing the very groups you talk about through really rubbish pay deals (not to mention ...

PM Truss's Spokesman: Finance Minister Kwarteng and Truss came to decision on Sunday on...

Unsurprising. It was always the abolition of the top rate that was the hot potato! Added: We have a chancellor whose political judgement is seriously suspect and a prime minister with less charisma than a goldfish!

PM Truss's Spokesman: Finance Minister Kwarteng and Truss came to decision on Sunday on...

Breaks my heart to think how much of a struggle it is to get any funding out of government for research projects.

Truss and Kwarteng to meet fiscal watchdog today after MPs demand full economic forecast

It's not just US exports. Many/most commodities are priced in Dollars so if you want the commodity (whatever it may be) you need to buy the dollars and those that are selling the commodities are hanging onto a rampant Dollar in the hopes of further ...

Another Wall Street Bank Bets on Pound-US Dollar Parity By End of Year

I don't disagree. I would have loved to see it all spent into infrastructure projects up and down the country, R&D in the world of STEM, developing UK into a major centre for new technologies (steam's getting a bit old now and we do have the ...

Truss and Kwarteng to meet fiscal watchdog today after MPs demand full economic forecast

I have no idea whether they are right or wrong in their approach and only time can tell that, but judging from the flack they have received continuously since being in office, they certainly have been brave enough to stick their necks out and do ...

Truss and Kwarteng to meet fiscal watchdog today after MPs demand full economic forecast

Whatever happens I still think the Global Economies are F****d and I don't think that the little market tantrum about the budget effectively being over changes anything, and neither did that 'mini' budget itself. The structural problems around the ...

GDP quarterly national accounts, UK: April to June 2022

Watching the world's economies is like watching one of those slow motion replays of test crashes they do to test how safe cars are. And we're the crash test dummies! We already know what will happen, we just don't know what the damage will be. ...

The world is at a point of significant economic danger, say experts

And the sad thing is that I think Rishi Sunak wouldn't have been any better but for different reasons. And I really don't think the opposition parties have any more to offer either with their constant efforts to score cheap political points while ...

Better late than never, the Bank of England rides to the gilt market’s rescue

We do live in curious times don't we. We have a government trying to find 'alternatives' to classic economic theories in an effort to drive this country forwards. Plus we have a central bank who are simultaneously raising rates and printing money. ...

Better late than never, the Bank of England rides to the gilt market’s rescue

Time travel huh? Does the Doctor knows there's competition around? I think I'd probably expand that to every needs at least one arsehole...

EU's Von Der Leyen: Any deliberate disruption of active European energy infrastructure is...

The Union of Soviet Socialist Republics no longer exists. So unless the country begins with an R you can strike Russia off your list.

EU's Von Der Leyen: Any deliberate disruption of active European energy infrastructure is...

There was a time that the BBC reporting was trusted around the world as factual and impartial. For a long time now it tends to be Op-Ed that lends to whatever 'political' and 'social' opinions abound in that sect of the BBC at the time. The other ...

EU's Von Der Leyen: Any deliberate disruption of active European energy infrastructure is...

Interesting. 'Italian Governments' and 'Longevity' are not things generally found in the same sentance. I wonder how long this one will last...?!!

Italian far-right leader Giorgia Meloni claims election victory

I don't recall any instance in history of the leaders of this or any other political party being voted into their position of leadership of said party by anyone other than the party membership. That the conservatives happen to have a majority in the ...

UK government dishes out extensive tax cuts as country braces for recession