UK Bonds Explained: Gilts, Premium Bonds and Tax
There is a UK asset class with a tax quirk that makes it absurdly cheap for higher-rate earners. Almost nobody buys it. Hint: not Premium Bonds, though those are in here too.
#UKBonds #Gilts #PremiumBonds #UKPersonalFinance
https://freedomisntfree.co.uk/articles/uk-bonds-explained-gilts-premium-bonds?utm_source=mastodon&utm_medium=social&utm_campaign=uk-bonds-explained-gilts-premium-bonds

UK Bonds Explained: Gilts, Premium Bonds and Tax
UK bonds explained in plain English. How gilts work, the different types, where to buy them, Premium Bonds odds, and how bond income is taxed for UK investors.
Freedom Isn't Free
Britain’s politicians need to worry less about the bond markets – and more about the Bank of England
A new model of central banking would weaken the power of bond vigilantes – and help progressive politicians pay for transformative change, says academic Daniela Gabor
The Guardian
Pound heads for worst week in 18 months as Burnham lines up Labour bid
UK government borrowing costs jump amid political uncertainty and oil price rise that fuelled inflation worries
The Guardian
Reeves says ‘if economy ain’t broke, don’t fix it’ - as fight to keep her job goes on
Whoever wins the Labour leadership tussle, the chancellor’s prospects for staying inpost have risen given the surprise GDP boost
The Guardian
‘There’s a risk of another Liz Truss moment’: City raises spectre of bond market meltdown again
As Keir Starmer’s leadership totters, investors warn a Labour leadership contest ignoring public finances and market realpolitik could be disastrous
The Guardian
UK borrowing costs hit highest since 1998 amid Starmer uncertainty
Bond yields soar and pound falls against dollar as investors brace for potential Labour leadership change
The Guardian
UK borrowing costs rise as Starmer speech fails to dispel investor ‘jitters’
Bond yields creep higher on concerns about potential for political instability and rising inflation
The Guardian
UK’s long-term borrowing costs hit highest level since 1998
Rise in bond yields due to fuel prices and political stability concerns will eat away at Rachel Reeves’s fiscal headroom
The Guardian