UK gilts could become the weakest link in an intensifying global bond sell-off, warns the CEO of one of the world’s largest independent financial advisory and asset management organisations.
John Healey’s surprise appointment as Chancellor does nothing to neutralise the danger posed by new UK Prime Minister Andy Burnham’s own instincts on borrowing and spending, warns the CEO of one of the world’s largest independent financial advisory organisations, cautioning investors against mistaking a calmer morning for a change in direction.
