Yesterday the Gilts market suffered a judder moment – but it was political theatre. The gilts market is fundamentally in good shape, well run, and a 3.5 times oversubscribed Gilts auction highlights it’s not under Bond Vigilante pressure. The UK is not about to default, beg an IMF bailout – no matter what Liz Truss apologists would like to believe.

The UK economy feels like Gormenghast. Labour wants to balance the books – but will just keep running to get no-where fast. We need an honest appraisal of the problem; a root and branch creative destruction of the bureaucracy of state. The Civil Service needs to learn to be agile and fail fast.

Lies, damn lies, and politics…

The markets are showing little concern about imminent Labour victory in the coming UK election. Markets yearn for the stability, capability, credibility and certainty the new government seems set to deliver. But the shenanigans and back-room deals allowing a leftie MP to retain her seat hints all in not well. Was that the sound of a Ming Vase hitting the deck?

As the Dow pokes 40K, markets remain exuberantly frothy! Labour produces a list of 6 priorities designed to reassure voters they aren’t rampaging social-communist revolutionaries intent on overturning everything, (Keir Starmer? really?) demonstrating instead their intent to be better Tories than the Tories. Disappointing. They missed the critical issue, Housing, from their list.

It seems to be the fate of The Labour party to inherit a nation riven by the consequences of previous governments. What is the likelihood Sir Keir Starmer will be able to steer the UK back into relevancy and attract foreign investment?

The Thames Water debacle is shaping up to be a critical “Judder” moment for the UK. Public utility privatisations decades ago have left a legacy of underinvestment and broken services. The bills will be enormous – and crippling - creating a potential investment crisis.

The New UK Sunak Government had steadied markets, but in coming weeks it will become increasingly clear the fractured Tories are trapped in no-Growth Austerity. Can they escape, or is it time for a Political Reset?

Something is rotten in the state… A deep rooted canker underlies the current crisis. Removing it will give the UK a real chance at some kind of Brexit Bonus, Growth and Prosperity. But we have to change, and change utterly.

The UK is not bust or broke. Smart investors are actively looking for bargains in the wake of the Trusster**ck. Its time for change to monetise the value of the UK for the UK!.