Hunt sources his policies from the bond market crowd
It is one thing to become leader of your country by popular acclaim. It is another to be anointed by the sovereign bond market. But that is the trick Jeremy Hunt may be about to accomplish.
“No government can control markets,” said Jeremy Hunt on Monday. But some markets can control governments, eh Jeremy?
He owes his job as troubleshooting UK Chancellor to hard-nosed gilts investors. They have now pushed him into limiting a scheme to subsidise household energy bills. They have also forced the government to scrap most tax cuts in the disastrous mini-budget of predecessor Kwasi Kwarteng.
