The pound is starting to slide. Gold is punching through record highs, and long-term gilt yields are hitting levels that have not been seen in thirty years. It is not a Liz Truss style crisis, at least not yet, although it is worth noting that the price the government has to pay to borrow money is way above the levels it reached when the former prime minister “crashed” the economy. But it is starting to become painfully apparent that the Labour government is rapidly losing the confidence of the financial markets.

The yield on 30-year gilts rose yet again on Tuesday morning, hitting 5.68 per cent – its highest level in 27 years

It is yet another nervous week for the economy. The yield on 30-year gilts, the best long-term measure of the solvency of the British state, rose yet again on Tues

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