The Bond Market's Grip on Britain: A New Prime Minister, Same Old Stranglehold The arrival of Andy Burnham as the United Kingdom's seventh prime minister in a decade has been hailed by some as a fresh start for the country's economy.
However, beneath the surface, it becomes clear that the real power brokers in Britain are not those elected to office but rather the bond market.
A recent report from the International Monetary Fund (IMF) highlights the long term consequences of the 2022 budget debacle.