I saw LT on TV this morning. Still defiant.
Reaction of the market? the FTSE is falling very sharply. FTSE100 -2.24%, FTSE250 -2.53%, GBP/USD 1.07
The pension funds hold about £1 trillion of treasury bonds. They lost 30% of bonds value.
At this rate, the 1922 commitee will have to change their...