Thank you to the ladies of Battersea Park Zumba who were in fine form earlier 💃💃💃💃💃💃💃💃💃💃💃
07.03.2026 14:03
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Thank you to the ladies of Battersea Park Zumba who were in fine form earlier 💃💃💃💃💃💃💃💃💃💃💃
The UK government bond market had an awful week with bond yields soaring so I am afraid that higher mortgage rates are on their way. More in the link.
notayesmanseconomics.wordpress.com/2026/03/06/t...
UK Wind Power has rallied to 6GW this morning. With 1.5GW of Solar we are burning 10.2GW of Gas as well as importing 7.7GW. Hydro is 0.4GW. Nuclear is 3.3GW and the awful Biomass 2.6GW The price of wholesale electricity over the past 24 hours was £119 per MWh. #renewables
Good Morning All
Agreed.
UK ten-year yield rises to 4.7% Klaxon.
This week I give my thoughts on the January weakening in UK money supply growth.
Q: will 10 year UK Gilt rate hit 5% this time?
Given the ECB is 100% to raise rates if this war prolongs, do you think Bailey will abandon QT, raise rates or both?
soundcloud.com/shaun-richar...
The UK government bond market is having an awful week with implications for mortgage rates
This morning has seen a repetition of what has been a clear trend this week. The UK bond market has been falling again which we can add to the falls from earlier this week. It has been almost relentless with…
UK ten-year yield rises to 4.6% Klaxon.
If you have a question for my weekly economics and financial markets podcast then please let me know.
UK Wind Power has plunged this morning which is bad news when we are in the middle of an energy crisis.
More bad news for UK Chancellor Rachel Reeves as the UK bond market is falling again and the ten-year yield has risen to 4.56% this morning.
UK Wind Power has plunged to 2.9GW this morning. With 1GW of Solar we are burning 19.8GW of Gas as well as importing 5.9GW. Hydro is 0.8GW. Nuclear is 3.4GW and the awful Biomass 2.8GW The price of wholesale electricity over the past 24 hours was £108 per MWh. #renewables
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The report only goes to detail of 0.1GW so I assume that it has not reached that level.
If the UK moved "air defence missiles" to Cyprus in January and February as Prime Minister Starmer claimed earlier how come there aren't any there?
China wants its banks to be as successful as its manufacturers
It is time for us to again look East as China has made some economic announcements. At the NPC and CPPCC conference it has announced this. BEIJING, March 5 (Xinhua) -- China targets an economic growth of 4.5 percent to 5 percent this…
More bad news for UK Chancellor Rachel Reeves with the UK bond or Gilt market back under pressure. The UK ten-year yield is back up to 4.5%.
UK Wind Power has rallied to 10.5GW this morning. With 3.1GW of Solar we are burning 9.1GW of Gas as well as importing 6.9GW. Hydro is 0.6GW. Nuclear is 3.3GW and the awful Biomass 2.8GW The price of wholesale electricity over the past 24 hours was £115 per MWh. #renewables
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The problem for UK Chancellor Rachel Reeves was the downgrade to expected GDP growth for this year. That follows 2 quarters where GDP growth was a mere 0.1%.
What did we learn from the UK Spring Statement?
Yesterday saw one of the set piece events in the UK economic calendar as Chancellor Rachel Reeves presented the Spring Statement which being called the Spring Forecast. There was an element of really bad luck and indeed timing as the conflict in the…
The price of Brent Crude Oil is up 3% this morning at just below US $84 per barrel.
I remember the FT trying that line and making a fool of itself. I would stick to politics if I was you.
So you are saying you just want to keep increasing everyone's energy bills?
The UK Gilt or bond market remains under pressure this morning as the futures contract falls again. The ten-year yield is now at 4.5%.
Not what Chancellor Rachel Reeves wanted as a backdrop to her #SpringStatement
UK Wind Power has rallied to 7.7GW this morning. With 2.4GW of Solar we are burning 12.2GW of Gas as well as importing 6.9GW. Hydro is 0.8GW. Nuclear is 3.3GW and the awful Biomass 2.7GW The price of wholesale electricity over the past 24 hours was £118.51 per MWh. #renewables
Good Morning All
It was not the best of days for UK Chancellor Rachel Reeves to make a #SpringStatement . Just as she was boasting she had reduced bond spreads with other nations they widened quite noticeably.
UK Chancellor Rachel Reeves is clearly hoping that people will not know that UK bond yields were driven higher by her extra borrowing in the October 2024 Budget. #SpringStatement