3 articles
• via Sky News
The recent turmoil in the UK bond market is a stark reminder that the Bank of England's independence is a thing of the past. As the government grapples with rising borrowing costs and a faltering economy, the central bank's ability to act as a credible counterweight has been severely undermined.
• via BBC News
As the UK grapples with soaring borrowing costs and fiscal pressures, the gap between political promises and economic realities has never been more pronounced. Rachel Reeves is now faced with the challenge of reconciling these conflicting demands. This analysis delves into the implications for Labour's agenda and the broader political landscape.
• via The Telegraph
Labour's housing promises are collapsing under the weight of reality, with new home construction at its lowest in nearly a decade. Despite pledging 1.5 million new homes, actual building has fallen to 201,000—an 8% drop from last year and a 17% plunge from the 2022 peak. The government's housing targets are not just unrealistic; they are symptomatic of a deeper institutional decay that has left Britain unable to deliver even basic functions of a developed nation.