Spiking US bond yields risk a situation similar to one that ousted former British PM Liz Truss, Apollo chief economist says
US Treasury yield surged six basis points on Tuesday to nearly 4.70%, representing its highest level since April 2024.
Market turmoil, borrowing costs up, Rachel Reeves far away – it reminds me of my own time as Chancellor
HERE we go again. Markets in turmoil. Borrowing costs going up. A Chancellor far away in a foreign land. It reminds me of my ...
Liz Truss lays into Rachel Reeves over economy and trip to China
Tory former Treasury minister Dame Harriett Baldwin added: "Is the reason that the [government] front bench is so empty today, the chancellor has fled to China, that she has realised that her Budget ...
Labour vows not to ‘cease and desist from truth’ despite Truss lawyers’ demand
Lawyers for Liz Truss have sent a letter to Sir Keir Starmer about ‘false and defamatory public statements’ made about their ...
Rachel Reeves or Liz Truss: Who really ‘crashed the economy’?
Amid UK bond market turmoil, how does Reeves' budget compare to Truss' - and who is really responsible for 'crashing the ...
Liz Truss's Attempt To Stop People Saying She Crashed The Economy Has Quite The Opposite Effect
Liz Truss’s legal bid to stop Keir Starmer from saying she crashed the economy has turned into the own goal of the year – and ...
What is behind the gilt woes and should we be worried?
The yield on gilts is a proxy for the effective interest rate on public borrowing – meaning that rising yields equal higher ...
Heartland7dOpinion
The Prime Minister vs The Blob: Liz Truss’s 44 Days in Office
The media presented Liz Truss as a cardboard cutout. I found her, by contrast, to be personable, articulate, and policy-savvy ...
'LA fires have caused widespread destruction - we should not forget about ordinary Americans'
As wildfires rage across Los Angeles, thousands have been forced to flee their homes - the destruction of celebrity mansions ...
Why We Still Need to Talk About Liz Truss
Though her tenure was brief, the falsehoods around it are proving a lasting economic problem.
Sky13d
Labour or Liz? The taxing question that could come back to haunt Sir Keir Starmer
Numbers 1, 3 and 4 are Labour, while 2 and 5 are Liz Truss. Okay, Trivial Pursuit this ... of everything this administration stands for. We see it again in Sir Keir Starmer's Christmas Eve letter ...
The Independent8d
Economists warn Treasury is likely to raise taxes even further this year
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story. The Independent is trusted by ...