Idea the UK bond market crash since last Friday is due to size of energy support package is difficult to square with the fact the UK wholesale gas price is now 321p per therm - lower than the 410p it was on 8 September when the plan was confirmed... 
...the UK gas futures curve has also shifted down - which implies the cost of the package could turn out to be substantially *cheaper* than initially feared, as explained here...
https://twitter.com/BBCNewsnight/status/1570753014197100546?s=20&t=umQbqEVI38dWMQ4hxPeqlg
...so somewhat implausible that it would be this part of the package on Friday which has spooked markets.
Also woth noting that even on the *higher* projections of the cost of the energy support package (£150bn - yellow bars below) it's a *temporary* cause of higher borrowing...
Also woth noting that even on the *higher* projections of the cost of the energy support package (£150bn - yellow bars below) it's a *temporary* cause of higher borrowing...
...it's the unfunded tax cuts which open up the £100bn+ deficits from 2025-26
...N.B similar data time series problems with the idea that markets are responding to the Bank of England's failure hike interest raise rates by enough last week before the #minibudget:
https://twitter.com/BenChu_/status/1574465921611173889?s=20&t=3c3EGmH5tLYhe7FiFCJD0A
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