After a spasm in gilt markets as the government appeared to ditch plans to raise income taxes, James Sproule and Daniel Mahoney take stock of the UK economy as we countdown to the November 26 budget.
And with gilts in the headlines, James looks at how government bonds have performed in recent history.
All in under 15 minutes.
James Sproule was appointed as UK Chief Economist in May 2020. Between 2014 and 2017 he was the Chief Economist and Director of Policy at the Institute of Directors (IoD). Prior to working at the IoD he was Head of UK Research with Accenture. He started his financial career as a merchant bank economist working with Bankers Trust, Deutsche Bank and Dresdner Kleinwort. He regularly comments on macro-economic issues and a large part of his work involves travelling around the UK speaking to clients and businesses.
Daniel joined Handelsbanken as UK Economist in January 2022. He works with economists in Handelsbanken's other markets (Sweden, Netherlands, Norway), and provides economic insights to media outlets and the bank's branch and client network across the UK. Throughout his career, Daniel has published research and spoken to various media outlets on a wide range of economic policy areas.
Sonia previously worked for many years at the BBC where she was a producer and reporter on business and personal finance. She was also a digital journalist at Channel 4 News. She leads our communications content strategy, and produces and presents the podcast.
