Why is printing money reckless, but issuing bonds prudent? Both rely on government-created money, yet bonds are respected while monetary financing is demonised. Is it logic—or just tradition—driving this narrative?
The UK gilt market turmoil exposes the bond market as an outdated relic. Far from enforcing fiscal discipline, it serves no public purpose. It’s time to modernise public finance and end the myth of ‘bond vigilantes’.
New changes to inheritance tax deepen disparities, benefiting the wealthy and professional advisers while leaving vulnerable farmers and rural communities to bear the burden of rising land values