Should You Be Scared of the Bond Markets?

Robin Wigglesworth, Financial Times journalist and author of The Fabulous Debt, joins us to explain how government borrowing works, why rising gilt yields matter, and how Labour's first Budget under Andy Burnham could take Britain out of a doom cycle of reliance on the market. Robin also explains why government debt isn't necessarily a bad thing, how Britain historically used borrowing to industrialise and build its economy, and why countries such as Canada and Sweden offer lessons in tackling difficult public-finance problems. Buy A Fabulous Debt here: https://www.penguin.co.uk/books/461949/a-fabulous-debt-by-wigglesworth-robin/9780241705674 Subscribe to How to Rebuild Britain now: https://linktr.ee/howtorebuildbritain Hosted on Acast. See acast.com/privacy for more information.