Tag Archives: Kwasi Kwarteng
There is no such thing as “risk free” – even when lending to our Government.
In the financial crisis the financial system nearly brought down the Government because of their financial imprudence. Now it’s the other way around, the Government’s imprudence is threatening the financial stability of the UK – including the banks. But this … Continue reading
The cost today of these reckless budget promises
“It looks like we’re headed for a spiral that we usually see in emerging markets crises, where policymakers struggle to reassert credibility,” Mansoor Mohi-uddin, chief economist at Bank of Singapore. Currency markets are now toying with the idea … Continue reading
Posted in pensions
Tagged Chancellor, Dollar, Kwasi Kwarteng, pension, pound, Sunak, Truss
2 Comments
Pension politics are back – will they be noisy?
It is two-and-a-half months – 76 days – since Boris Johnson said he was resigning as prime minister, draining his already crippled government of its remaining authority. And then, a little over 48 hours after Liz Truss became prime … Continue reading