Apparently many shoppers are flocking to London. Alledgedly.
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Sterling...
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Originally posted by BlasterBates View Postand it is getting worse.
Apparently according to the FT international investors are dumping UK government bonds. ..
A day or two later I wondered if the two were correlated much after all, and thought perhaps I'd been wrong. After all the Government can easily offer 5% gilts, or whatever they like, regardless of interest rates.
But gilts are GB's (Gordon Brown or Great Britain - take your pick) last line of defence now, and if overseas investors are selling them and declining to buy them we're really screwed.Work in the public sector? Read the IR35 FAQ hereComment
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