Latest / Blain's Morning Porridge
What Chance Burnham of fixing Broken Britain
Blain’s Morning Porridge July 31st, 2026
“Judge me by how many times I fell down and got right back up again.”
Fifty years of political dither leaves the UK looking broken. Faced with massive constrains from taxation and bond markets, there are limited choices from tinkering with spending while trying to look good enough ahead of the next election. Britain needs something more radical – and a complete reform of the system and process.
Key Takeaways
The steepness of yield curves reflects not only inflation concerns, but rising doubts on political stability.
Long-term sustainability of bond…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.