Its a genuinely difficult question. Juries are told that reluctant consent is still consent. But they are also told that consent has to be free, that is without pressure. There is obviously a tension… (View Post)

Oh I agree. We should be running a surplus right now and should continue to do so for many years until the excesses of the Covid and Gas bill madness are paid back. This is a modest step in the right… (View Post)

But they are not repaying existing debt, they are still borrowing more (at half the rate they are just now). (View Post)

Quite a chunk of our debt is index linked these days so the fall in inflation should reduce the interest bill on at least that part. On the other hand it reduces fiscal drag. As always, it is swings … (View Post)

So they didn't tip off the King but they did tip off Matt. Sounds about right. (View Post)