UK will not compensate holders of Gilt linkers following RPI reform

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By Burhan Khadbai
26 Nov 2020

The UK government said that it will not compensate holders of index-linked Gilts following the reform of the Retail Price Index (RPI) measure of inflation, which is expected to be enacted no earlier than 2030.

The decision not to not holders of index-linked Gilts comes despite the majority of those that attended a an HM Treasury roundtable on the matter arguing for such a measure.

Their argument was that investors had bought index-linked Gilts on the expectation that RPI growth rates would remain ...

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