The New Statesman
•67% Informative
Labour seems to miss the fact that finance is as much a piece of theatre as politics.
The Bank of England now holds 738bn of government bonds.
It wants to sell them back to the bond market through quantitative tightening’ ( QT ) Treasury Select Committee is alarmed, describing the strategy as a “leap in the dark”.
The bond market should find QN reassuring compared to the alternative, which is for the Bank to flood the market with government bonds worth 28 per cent of UK GDP.
There would still be a risk of higher inflation that Labour would need to manage through soothing language.
It could talk about binding itself to a public spending framework that ensures any rise in prices is productivity-led.
VR Score
68
Informative language
64
Neutral language
28
Article tone
informal
Language
English
Language complexity
38
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
detected
Time-value
short-lived
External references
3
Source diversity
3
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