@iain1981.bsky.social
Reposted
Bit of analysis from me - a key upside from busting the manifesto pledges is meant to come in cheaper borrowing, as bond markets buy into the budget. Wesgate makes that much harder, by amplifying fears about whether Reeves/PM can stick around to implement it: www.theguardian.com/business/202...
Labour infighting puts chancellor’s budget plan to reassure bond markets at risk
It was hoped manifesto-breaking tax rises might bring down borrowing costs – but party turbulence is likely to spook investors
www.theguardian.com
November 12, 2025 at 8:16 PM
Bit of analysis from me - a key upside from busting the manifesto pledges is meant to come in cheaper borrowing, as bond markets buy into the budget. Wesgate makes that much harder, by amplifying fears about whether Reeves/PM can stick around to implement it: www.theguardian.com/business/202...