Rising debt burden puts UK on a trajectory of more volatility
Investors are likely to seek a higher risk premium for British assets
Investors are likely to seek a higher risk premium for British assets

Inflation and ‘risk premium’ help keep yields elevated, say investors

Delays in dealing with fiscal pressures risk further damage to household consumption, corporate investment and overall growth

Rising public debt is one concern — another is how it is being financed

The growth profile for the sector has brightened as Europe’s governments prepare to spend more on protection

The government needs more fiscal headroom but must ensure it does no harm

Bond investors and banks are seeking greater premiums on new financing as a precaution before lending