It’s been a rough week for UK assets. The pound fell to its lowest level in a year, gilt yields surged and investors are losing confidence in the  government’s ability to control the nation’s deficit and high borrowing costs. Why are things spiraling now?  Senior reporter Phil Aldrick joins this week’s In the City to explain. 

It&rsquo;s been a rough week for UK assets. The pound fell to its lowest level in a year, gilt yields surged&nbsp;and investors are losing confidence in the government&rsquo;s ability to control the nation&rsquo;s deficit and high borrowing costs.&nbsp;Why are things spiraling now?&nbsp; Senior reporter Phil Aldrick joins this week&rsquo;s In the City to explain.&nbsp;

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and Dave Merritt every Thursday as they uncover the best stories and speak to the people in the know.

Every week, Francine Lacqua and David Merritt go behind the scenes in the City of London, uncovering stories and speaking to the people that matter.

In the City

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know. 

Get ahead of the trends and conversations that are shaping the City of London. Join Bloomberg's Francine Lacqua, Allegra Stratton and David Merritt every Thursday as they uncover the best stories and speak to the people in the know.

In The City

BONUS: Why Are UK Assets Spiraling Now?

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/44d5551f-f323-4f58-85cb-b261011139d8/transcript

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