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The bond markets no longer want to finance the UK ofligacy of the British state.
It is begi last autumn ok like the sell-off last year was the early stages of something far bigger and far more worrying.
Britain is increasingly becoming a poor country that acts like a rich one.
The bond markets appear to have twigged that the UK is stuck with zero growth, with sustained inflation, and has lost the will to reform itself. This week l-off in gilts last September was just the start: the British debt crisis is going to get a lot one g City in the future. last September British G7 ">last Sep UK mber one ightText__NxlGi">zeroBritain span class="summaryFeed_highLightText__NxlGi">UK EU Labour The past week LightText__NxlGi">Sunak UK ass="summaryFeed_highLightTex last September s last September mi British the 1970s highLightText__NxlGi">VAT UK ss="summaryFeed_highLightTex 10-year i">Labour 4.31pc class="summaryFee Italy hLightText__NxlGi">Labour last autumn maryFeed_highLightText__NxlGi">£17bn the Bank of England hLightText__NxlGi">Treasury Government Friday Bank aryFeed_highLightText__NxlGi">Jeremy Huntlast year an class="summaryFeed_highLightText__NxlGi">8.7pc April British _highLightText__NxlGi">100pc 2020 Britain "summaryFeed_highLightText__NxlGi">Budget Rishi Sunak LightText__NxlGi">UK Treasury
VR Score
71
Informative language
67
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28
Article tone
informal
Language
English
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44
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short-lived
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