Thames Water collapse could trigger Truss-style borrowing crisis, Whitehall officials fear
Exclusive: Concerns over effect on UK’s finances lead officials to believe utility should be renationalised before general election
October 2023
What are bond yields and why are they at a 25-year high in UK?
Bond market sell-off sends UK long-term borrowing cost to 25-year high
July 2023
First Edition newsletter
Monday briefing: How the government’s debt woes could cost the economy – and Rishi Sunak
In today’s newsletter: The prime minister promised to halve inflation this year, and is already struggling. What does that mean for an economy that keeps getting worse?
June 2023
The Guardian view on Rishi Sunak’s economics: recession is an acceptable price to pay
UK borrowing costs soar above levels of Liz Truss premiership
March 2023
Pensions: why do those retiring face ‘massive’ losses despite FTSE highs?
Retired planner was shocked to see that his Aviva pension had dropped 20% in value last year
January 2023
Bank of England completes sale of £19bn emergency bond purchases after mini-budget
Bloomberg estimates Bank made profit of £3.5bn after intervening to prevent run on pension funds
December 2022
In 2022 Liz Truss tried to bin economic orthodoxy – but what is it?
Nils Pratley on finance
Public patience is wearing thin. Ofwat must wield the big stick
Nils Pratley
Cautious BT may boost cash support for its £47bn pension scheme
City faces fresh post-Brexit blow as EU moves to restrict certain trades
November 2022
Nils Pratley on finance
A windfall tax on energy generators? Sure, but the devil is in the complex detail
Nils Pratley
Excess profits look set for a levy in the autumn statement – but first define ‘excess’ and for whom
Is austerity the only way for Jeremy Hunt to reassure the markets?
Many investors believe taking money from the rich and giving it to the poor would be ‘fine’ with the bond market
Nils Pratley on finance
The case for an energy windfall tax is simple, the problem is the opt-outs
Nils Pratley
The allowances are either too generous or something has gone wrong in the design
October 2022
The mini-budget that broke Britain – and Liz Truss
From soaring mortgage costs to a sterling slump, the fiscal event set off a chain of chaos that led to PM’s downfall
BT’s pension fund ‘fell by £11bn’ after mini-budget
Report from one of the UK’s largest schemes is an early indicator of scale of the financial impact on retirement funds
Liz Truss fails to calm markets despite sacking Kwasi Kwarteng
Nils Pratley on finance
Markets leap on reports of Liz Truss’s tax cuts U-turn. No time to dally
Nils Pratley
The Bank of England is selling off its most valuable asset: the perception of competence
