The growth in H1 was better than I expected and probably as much as we can hope for. I will be delighted if we match this in H2. I genuinely have some sympathy for Reeves, she inherited a very diffic… (View Post)

Sigh. My weekly reminder that Hunt's budget which cut NI actually increased taxes overall. It is a complete if persistent myth that this created some sort of black hole in the accounts that wasn't al… (View Post)

*Kwasi Kwarteng has joined the chat* (View Post)

CPI up to 3.8% this morning. WTF were the Bank's MPC thinking? No wonder our borrowing charges are already amongst the highest in the western world. (View Post)

It drives inequality across generations and indeed postcodes. It is a massive tax free bonus for the haves at the cost of the have nots. It makes getting their own house even more difficult for the y… (View Post)