This is deeply worrying. The cost of servicing British debt is nearing Italian levels. And not only that, next year its going to be horrible. I quote:
That leaves a market accustomed to some £40bn supply facing an expected £225.1bn of new issues. To put that in perspective, the entire outstanding stock of gilts rose by a total of £220bn between 1980 and 1997, according to analysts at Barclays Capital.
Good Heavens, good thing I am considering other locations.., sheesh.