Bond markets sound the alarm as Labour wobbles and gilt yields climb
Britain is hoovering up the wrong sort of records. In the wake of the Iran war, the economy is staring down the heaviest growth downgrades in the G7, the most stubborn inflation, the greatest exposure to volatile gas prices and some of the thinnest storage capacity in Europe. It is a sobering tally for any prime minister, never mind one whose backbenches are openly muttering about regicide.