Agreed. There's not much government can do to avoid those higher servicing costs except don't be Truss or Farage. Also Thatcher level deficits aren't actually good. (View Post)

As a matter of record the deficit now is lower than the one Thatcher ran for most of the time she was in office. (View Post)

Point of order, the current deficit isn't especially high by historic standards and is expected to fall according to the OBR, not least because Rachel Reeves is raising some unpopular taxes http… (View Post)

Slight nitpick but doesn't the chart show this was the opposite of an insider's market? ie no-one playing it had prior knowledge? (View Post)

Sorry @williamglenn is muddying the waters with hypotheticals. The point is, people obtain UK citizenship through their parents being citizens. It's how probably 90+ % of the UK citizens in this… (View Post)