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Sledgehead

Budget

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Brown decides to borrow 2/3rds of debt on long dated gilts ...

So the consumer continues to borrow short to invest long, whilst Gordy begins to borrow long to pay for outgoings ....

This could be welcomed by pensions firms and pensioners alike (increasing the supply of long debt might ease long dated prices and raise annuity rates).

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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