Andy Burnham's change in tack on fiscal rules and bond markets is understandable
Greater Manchester mayor Andy Burnham softened prior warnings about bond markets, aligning with current fiscal rules to reassure investors amid rising UK borrowing costs and political instability concerns.
'You can't just keep borrowing money endlessly': Jamie Dimon warns $38 trillion national debt is going to 'bite' eventually, it's just a case of when | Fortune
Government debt and large deficits pose significant macroeconomic risk that will eventually harm the economy despite short-term consumer resilience and AI optimism.
National debt crisis will be averted by governments 'mobilizing and encouraging' private wealth to fill their budget holes, says UBS | Fortune
Governments facing high debt seek to mobilize private wealth through incentives or regulation to attract individual investment and avoid higher borrowing costs.
Bond market power: why Rachel Reeves is keen to keep the 2.7tn beast' onside
Deutsche Bank employs a custom AI to transcribe Rachel Reeves's budget in real time, detect tone and numerical deviations, and generate trading alerts.
Spending rose faster than tax income in run up to Budget 2026
Government surplus fell to €2bn in Q2 as spending rose faster than revenue, driven by higher wages, benefits, investment and unbudgeted departmental overruns.
Baroness Mone-linked firm fails to pay 122m over PPE
A company linked to Baroness Michelle Mone missed the deadline to repay £122m for supplying non-sterile Covid-19 PPE gowns and now owes about £145.6m with interest.
The debasement trade': is this what's driving gold, bitcoin and shares to record highs?
Investors are shifting into hard assets like gold and bitcoin to protect against currency debasement, rising government debt, and central bank policy risks.
The canary in the coal mine is singing as global bond selloff raises national debt concerns
Global long-term bond yields are rising sharply as investors demand higher yields amid debt sustainability concerns, while gold reaches record highs as a safe haven.
Foreign holdings of Treasuries climbed to a record high in June
Foreign investor holdings of US Treasuries reached a record high of $9.13 trillion in June, reflecting strong overseas demand despite a declining dollar.
The end of the triple lock pension could be inevitable - London Business News | Londonlovesbusiness.com
We will likely see the triple lock pension end when the current Parliament does, as the cost of providing it to the UK's aging population is increasing and Government debt is rising.
Congressional Republicans criticize federal spending but face a significant deficit under their own policies, necessitating a balanced approach to reduce both spending and increase revenue.