A beginner’s guide to appeasing the bond market – and why it matters Markets Britain’s enormous debt pile means the bond market now has the power to decide the fate of a government. Ali Lyon spoke to gilt investors to see how our new Chancellor can keep them happy. When John Healey was last in the Treasury, the world was a very different place. Britain’s economy was growing at [...]
Show them the book: why politicians need to read more novels Opinion Leading historian Dominic Sandbrook has said declining reading habits of our politicians tells you everything you need to know about why they’re so inadequate. William Atkinson couldn’t agree more… Would Keir Starmer be a better Prime Minister if he went to bed with a good Trollope? That was the suggestion of Dominic Sandbrook – Britain’s [...]
On This Day: Britain asks the IMF for a loan Opinion 49 years ago today, sterling crashed to its lowest ever point against the dollar. Denis Healey stared down his socialist opponents and asked the IMF for a loan – paving the way for Margaret Thatcher’s election victory, writes Eliot Wilson Denis Winston Healey, chancellor of the Exchequer (1974-79) and Labour’s indomitable intellectual brawler, soaked up [...]