I am currently not very well, so I am learning about the depreciation in the value of gilts as the prospect of low income returns. All this of course a part of the shambles created by American financial economics. This article is from Sam Fleming and Mary McDougall in London’s FT. You can read the original here.
What is the impact on the “surplus”? I have been looking at the evolution of the annuity market. Should the Government issue annuity products to reduce the debt? This would be more atractive than the 70% IHT charge.