MT Digest - The UK economy is looking pretty gloomy
What to read right now…
The UK economy is looking as gloomy as the weather has been for the last few weeks, with a big bond sell off kicking off the year.
It’s triggered in part by the lack of confidence over the Autumn 2024 budget.
But the result is that it’s made borrowing much more expensive for the government, and devalued the pound, which then saps fu…
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