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Lord Howell of Guildford (Con)

Speaking in the House of Lords on 2 September 2025

Debate

Gilt Yields

Contribution

My Lords, bond markets obviously charge for their lending to certain countries, on the basis of differing judgments on the health of the borrower, on the prospects and on the signs of coherent strategy and direction. Could we interpret the movement of the Chief Secretary to the Treasury over to a new role, senior Minister inside Downing Street under the Prime Minister, as a first step—an attempt—to recreate a coherent strategy, which is so obviously lacking?

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