Comment: The gilt conundrum

Jonathan Stapleton asks how safe is UK soverign debt?

Jonathan Stapleton
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When the alternatives look so dire, you can only forgive investors for flocking to the relative safe havens of UK government bonds.

But just how safe is the UK’s sovereign debt? While the government’s budget deficit – and consequent borrowing requirement – is high, it has nothing like the problems of some of the eurozone cou...

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