Why are UK debt costs still so high – and does it matter?
2 September 2025
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Healthcare
Callum Price writes for ConservativeHome
21 August 2025
In the Media
Julian Jessop is quoted in The Sun
3 September 2025
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20 January 2026
Julian Jessop writes for The Spectator
Our Economics Fellow Julian Jessop has written for The Spectator on why the UK’s debt costs are still so high.
The article said:
“The yields on UK government bonds, commonly known as ‘gilts’, are now consistently the highest among the G7 group of advanced economies.”
“The prospect of more tax rises is simply reinforcing fears that the UK is stuck in a ‘doom loop’ of sluggish growth and deteriorating public finances.”
“A crisis of confidence in the bond market could trigger ripple effects which quickly swamp the entire economy. Let us hope for some better news soon.”
Read the full article here.
The article said:
“The yields on UK government bonds, commonly known as ‘gilts’, are now consistently the highest among the G7 group of advanced economies.”
“The prospect of more tax rises is simply reinforcing fears that the UK is stuck in a ‘doom loop’ of sluggish growth and deteriorating public finances.”
“A crisis of confidence in the bond market could trigger ripple effects which quickly swamp the entire economy. Let us hope for some better news soon.”
Read the full article here.
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