Yes the North Sea Oil and Privatisation receipts of the 1980s were used as revenue to permit tax cuts and consumer spending, while neglecting infrastructure investment. Simultaneously they inflated t… (View Post)

He also seems to be a "one drop" man who considers not only immigrants as non-British, as well as their children, but all their descendants until the end of time. (View Post)

For years I gave Ferrero Roche to my friend in the Diplomatic Service as a rather tongue in cheek gift. Now he serves me them when visiting. I am not sure if he thinks I really like them, or is just … (View Post)

I think it probably right that council IT is hopelessly obsolete, but keeping up with IT upgrades requires money, not cuts. And part of me is feeling a bit Mandy Rice Davies. The guy is a entrepreneu… (View Post)

Compare and contrast with Norway, which did invest from revenue into a capital fund. (View Post)