![Bond vigilantes return to haunt UK, but BoE could offer relief](https://cyprus-mail.com/wp-content/uploads/2024/03/bank-of-england-BoE.jpg)
By Mike Peacock
Bond vigilantism has returned to Britain, raising the prospect that the government will be forced to consider politically toxic tax rises or public spending cuts to placate investors concerned about the country’s fiscal health. But Chancellor of the Exchequer Rachel Reeves could also get a helping hand from the Bank of England’s balance sheet.
In the first weeks of 2025, certain gilt yields spiked to highs last