UK’s Debt Will Still Remain Second Lowest in G7

The gilt market is reacting badly to news that the government will increase the deficit as it cuts taxes across the board. Bond market vigilantes rightly doing what bond market vigilantes do. Important to contextualise that even after Kwasi’s extensive Reaganite package of growth-oriented reforms, the UK’s debt to GDP ratio will remain at the lower end of the G7. It is worth putting this into an international context…

mdi-tag-outline Debt Market Watch Tax cuts
mdi-account-multiple-outline Kwasi Kwarteng
mdi-timer September 23 2022 @ 12:17 mdi-share-variant mdi-twitter mdi-facebook mdi-whatsapp mdi-telegram mdi-linkedin mdi-email mdi-printer
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