The bond markets could bring down Rachel Reeves

The bond markets could bring down Rachel Reeves

Meet the money men with Britain's future in their hands.


*


Next week Rachel Reeves will deliver her budget and, for all the talk of fiscal rules, headroom and tax rises, there is a higher power she must contend with.


When the Chancellor goes for meetings in the City, she is rarely introduced to the people whose job it is to press the button on buying or selling several hundred million pounds’ worth of gilts.


It is to these people that we have been speaking in the run-up to the Budget.


You would not guess that they wield political power, but for them politics is not personal. They approach it with blunt, professional interest, seeing opportunity in chaos. And if Reeves thinks she can rely on their support, she’s wrong: the bond vigilantes.


Read: Meet the bond market vigilantes

https://www.newstatesman.com/business/economics/2025/11/meet-the-bond-market-vigilantes

LISTEN AD-FREE:

📱Download the New Statesman app


MORE FROM THE NEW STATESMAN:

Ask a question – we answer them every Friday

Get our daily politics newsletter every morning

✍️ Enjoy the best of our writing via email every Saturday

Hosted on Acast. See acast.com/privacy for more information.

Det här avsnittet är hämtat från ett öppet RSS-flöde och publiceras inte av Podme. Det kan innehålla reklam.

Avsnitt(1442)

Starmer bows out

Starmer bows out

Keir Starmer has bowed out of his role as Prime Minister. At his final PMQs, an unusually convivial tone was struck.As Starmer's political career draws to a close, Will Dunn and Tom McTague discuss hi...

18 Juli 50min

The transition begins

The transition begins

As Keir Starmer's premiership draws to a close, Andy Burnham is putting the finishing touches on his plan for power.Ailbhe Rea joins Tom McTague in the studio to discuss: Anne Widdecomb's role in Brit...

16 Juli 41min

How can the UK protect its Critical National Infrastructure from cyberattacks?

How can the UK protect its Critical National Infrastructure from cyberattacks?

Cyberattacks on the UK’s critical national infrastructure are becoming faster and more sophisticated. What will it take to protect the systems and services that keep the country running? Host Zoë Grün...

14 Juli 22min

Farage's Clacton distraction

Farage's Clacton distraction

Nigel Farage, pollings' current front runner to win the next general election, has resigned as an MP.However, he plans to stand as a candidate in the by-election this move will trigger. Labour, the Li...

9 Juli 56min

Nigel Farage has lost his aura

Nigel Farage has lost his aura

Nigel Farage loses his cool as he’s grilled on his £5 million “gift”, the “anti-woke” Davos and the elephant seal that’s terrorising Tasmania. Will and Anoosh round up the stories of the week.READ: ht...

4 Juli 27min

"Startlingly transactional" – Burnham prepares for power

"Startlingly transactional" – Burnham prepares for power

Andy Burnham is preparing for power – which means horsetrading, negotiations and planning.Ailbhe Rea has been speaking to MPs and advisors inside the Labour party to find out what's really happening i...

2 Juli 53min

“Westminster is broken”: Andy Burnham sets out his leadership plan

“Westminster is broken”: Andy Burnham sets out his leadership plan

This morning Andy Burnham delivered a speech criticising “Whitehall culture” and promising to rebalance resources between national and local governments. On course to enter Downing Street in as little...

29 Juni 23min

Does Britain want another general election? | Will and Anoosh

Does Britain want another general election? | Will and Anoosh

Keir Starmer’s turn at the resignation lectern, Peter Murrell’s £400,000 shopping spree and Will Dunn’s attempt at a “Man v Horse” race. Will and Anoosh discuss the stories of the week.READ: https://w...

27 Juni 41min

Populärt inom Politik & nyheter

aftonbladet-krim
svenska-fall
p3-krim
rss-krimstad
tv4-nyheterna-story
aftonbladet-daily
flashback-forever
de-fyras-gang
mannen-utan-spar
motiv
rss-sanning-konsekvens
rss-vad-fan-hande
spar
rss-aftonbladet-krim
rss-frandfors-horna
rss-krimreportrarna
politiken
olyckan-inifran
rss-flodet
krimmagasinet