International banks have passed their comment via the tumbling value of sterling, The IMF have spoken out about the growth of inequality and the drop in productivity that results from this. Bond traders have shown their distrust of the governments economic policies by selling bonds forcing the interest rate up and nearly causing the collapse of pension funds. The Bank of England has had to bail the government out to the tune of £65billion (underwritten by the taxpayer). Interest rates will have to rise. House prices set to fall as mortgage offers are withdrawn.
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