Labour’s leftward shift and the bond vigilante threat
The UK’s debt mountain would constrain a new prime minister’s choices — and could make further tax rises more likely
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Britain’s debt cage
As Labour politicians fight over the keys to No 10, the gilt market sets the limits of power
Gilt traders warn of ‘swing to the left’ as Labour faces electoral losses
Investors warn loosening fiscal rules or change of prime minister could add to pressure on UK borrowing costs
Starmer fuels expectations of income tax rise in Budget
Prime minister tells Labour MPs he will reduce UK’s national debt without making deep spending cuts
Banks brace for tax raid if Starmer is ousted
Executives prepare for shift to the left in UK government after narrow escape in last year’s Budget
The need to tighten UK fiscal policy is also an opportunity
Keir Starmer’s government should seize the chance to make radical reforms
The inescapable logic of Labour’s choices
Starmer and Reeves should lean in to what the Budget reveals about this tax-and-spend government