Just how serious have things got to?
Bloomberg Could the crisis spark off an early general election? I don’t claim to be an expert in the financial markets but just how seriously should we take the news the the latest British bond fails to find enough buyers? It sounds awful – but is it? The idea that the markets will no longer fund the government is something that sounds coherent and most people will grasp it. The question whether or not it is serious? On Spectator Coffee…