So the silence is over

In between these two dates has been – silence. Why? The insurance trade bodies tried to persuade government the proposed changes were not welcome. The last thing they needed was their members issuing commentary that the changes were not that bad really. Now we know their efforts came to nothing and now insurance companies are in reassurance mode. So beyond the technical arguments, what evidence have we of what might happen next? We have had views expressed. These have ranged from the all bonds are dead to the bonds will be less important in the future. Most of this commentary, thou...