Article 65SSW Is austerity the only way for Jeremy Hunt to reassure the markets?

Is austerity the only way for Jeremy Hunt to reassure the markets?

by
Anna Isaac City editor
from on (#65SSW)

Many investors believe taking money from the rich and giving it to the poor would be fine' with the bond market

As the charts climbed higher on their data terminals, bond market investors watching the shift felt increasingly sick.

The impact of that fateful day in September when Trussonomics was launched on an unsuspecting public with the mini-budget was huge, and it got worse second-by-second, as the panic spread. It is a day that will remain etched in the memories of many for years to come.

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