Yes, you'd expect the rate to go down by a lot if a Chancellor was able to pass the many unpopular measures required to balance the budget. There'd be a serious increase in fiscal credibili… (View Post)

The implication is that the decision is done and the resignation would be tomorrow, were it not for the fact that the May elections are imminent. (View Post)

Part of the problem is that Britain has a large stock of debt that continues to need to be refinanced. Even were a government able to cut the deficit to zero, if the interest rate on new bonds stays … (View Post)

Aanpraten. (View Post)

Yes, you could imagine the people behind open street map implementing something like it, were it not for the fact that what three words would send the lawyers after them. (View Post)