Business, Economics, Stock markets, Housing market, Real estate Business | The Guardian
Rolling coverage of the latest economic and financial news, as the RICS gauge of UK house prices turns positive for the first time in almost two yearsEveryone will be better off under the new Government, the Business Secretary has said, rejecting the suggestion pensioners would have to “hide behind the sofa” when the Budget was announced.Asked whether it was fair to say pensioners would have to “hide behind the sofa wrapped in a blanket” on October 30, Jonathan Reynolds told Sky News:“This is a Government that is going to make everybody better off.Specifically for pensioners, we already have the commitment to the triple lock, that’s a guarantee that pensioners will be better off this year, next year, the year after that.“There is material concern in the gilt market about an unconstrained dash for investment out there…International investors are not really giving the gilt market the benefit of the doubt. Continue reading…
Rolling coverage of the latest economic and financial news, as the RICS gauge of UK house prices turns positive for the first time in almost two years
Everyone will be better off under the new Government, the Business Secretary has said, rejecting the suggestion pensioners would have to “hide behind the sofa” when the Budget was announced.
Asked whether it was fair to say pensioners would have to “hide behind the sofa wrapped in a blanket” on October 30, Jonathan Reynolds told Sky News:
“This is a Government that is going to make everybody better off.
Specifically for pensioners, we already have the commitment to the triple lock, that’s a guarantee that pensioners will be better off this year, next year, the year after that.
“There is material concern in the gilt market about an unconstrained dash for investment out there…
International investors are not really giving the gilt market the benefit of the doubt.
