And if the manager of the shopping centre wants to lure back tenants, perhaps the rent she is charging is too high, although somehow that never seems to occur to people like her. (View Post)

Loan covenants can be renegotiated and indeed should be if they defy commercial reality. Most retail is a dinosaur technology and exactly the kind of inefficient use of land, labour and capital that … (View Post)

So we should have just ignored the largest vote for anything in British history and the results of three general elections, to build a wildly overpriced rail line? (View Post)

An even saner approach is to let the private sector develop technology, because that's what it's good at. Contrast Ukraine's drone industry - anarchic, thrusting, innovative and produc… (View Post)

At least the last three general elections (May vs Corbyn, Johnson vs Corbyn, Sunak vs Starmer) have been between fairly or very poor candidates. The question is, at what point do we say that the prob… (View Post)