Keep pulling the thread on Merryn Talks Money.
The yield on UK government debt is over 60 basis points higher than that of other G7 nations.
The UK's net public debt to GDP ratio is approaching 100%.
The portion of UK government spending allocated to debt interest is projected to rise towards 10%.
Increased government spending in the UK under Chancellor Rachel Reeves has been offset by a significant rise in the overall tax take.
A shift further to the left by the UK's Labour Party would be viewed negatively by the bond market.
UK Chancellor Rachel Reeves has massively increased both current and investment government spending since taking office.
According to Simon French of Panmure Liberum, the UK's consistently high inflation is caused by rationing in key economic sectors needed for non-inflationary growth.
In the UK, government spending on debt interest has risen from under 5% at the start of the pandemic to 8% in the last year.
The current political uncertainty in the UK is not comparable to the 2022 crisis under Liz Truss, as the underlying market structure lacks the same level of instability and leverage.
International markets are currently repricing UK assets to reflect a perception that the country has become politically and fiscally unreliable.
There is a growing belief that the UK requires a significant economic crisis, such as a sharp fall in the pound, to force a necessary change in its political and economic direction.