The Business: How will Scott Bessent and the bond markets affect your tax and pension?

商业:斯科特·贝森特和债券市场将如何影响你的税收和养老金?

The Story

2026-09-04

31 分钟
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How will US Treasury Secretary Scott Bessent and global bond markets impact UK borrowing, John Healey’s UK Budget, and the wider UK economy? Rising inflation rates, soaring government debt, and higher borrowing costs are likely to effect UK tax and pensions. But can politicians intervene without making things worse? The US Treasury intends to double its buyback operations of government bonds to control yields. But how far can Scott Bessent go before investors lose faith? In this episode of The Business, Dominic O’Connell brings you essential market analysis with The Times economics editor, Mehreen Khan, and Chris Jeffery, Head of Macro Strategy at Legal & General Investment Management. They unpack how spiralling UK borrowing costs affect everything from mortgage rates to pension values, delivering the definitive financial news breakdown. If you enjoyed this episode, make sure to press follow at the top of your podcast app. Guests: Chris Jeffery, head of macro strategy, Legal & General Investment ManagementMehreen Khan, economics editor, The Times Presenter: Dominic O'Connell. business correspondent, Times Radio Producer: Hope Federico Executive Producers: Miriam Hall and Emily Leahy Video Producer: Bronwen Latham Image: Getty Get in touch: thebusiness@thetimes.com This podcast was brought to you thanks to subscribers of The Times and The Sunday Times. To enjoy unlimited digital access to all our journalism subscribe here. Hosted on Acast. See acast.com/privacy for more information.
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