Inflation, not Andy Burnham, is the culprit behind high Gilt yields Opinion Gilt Yields have more to do with inflation than the future of the Labour Party, says Tomasz Wieladek The debate about the future of the Labour Party’s leadership has revived a familiar narrative: that high Gilt yields are the verdict of financial markets on prospective changes to the government’s fiscal plans. The implication is that [...]
The pound will remain resilient in a trade war Opinion Trump’s tariffs will harm the world economy but the UK will be one of the least affected developed countries, says Tomasz Wieladek With President Trump heading back to the White House, US trade policy is anticipated to change fundamentally. We expect the US will impose tariffs on its major trading partners and to some extent [...]