The UK paid its highest borrowing rate on record yesterday, selling £4.25 billion of 30-year gilts at 5.82 per cent. The steepest yield at any sale since the Debt Management Office was set up in 1998, but don’t worry about that…
According to the Times, Deutsche Bank told clients the headroom is likely to be nearly halved. Debt interest is forecast to stay above £100 billion a year into the 2030s. It’s going to be a spooky Budget…
Robert Jenrick on the Today programme:
“Can you now give a guarantee to your listeners this morning that no BBC presenter in the future will be exposed as a paedophile, as a number have been in the recent past? No, of course you can’t…”