Kallum Pickering: The bond markets will decide Britain's PM
Keir Starmer is fighting for his political life. The bond markets are watching — and they have a long memory.
Kallum Pickering, chief economist at Peel Hunt and columnist for The Telegraph, joins CapX editor Marc Sidwell for a lucid diagnosis of what is really going wrong with the British economy, why the markets are spooked, and what a change of Labour leadership could mean for the country's already precarious fiscal position.
Pickering's central argument: Britain's borrowing costs are the highest in the G7 not because of its deficit or its debt, but because of its inflation record. And that…
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