Not to mention that if every country where betting is banned, you get illegal betting. Which is the basis of organised crime, usually. One of the metrics for alcohol pricing/tax is the amount of fake… (View Post)

It’s not revisionism to learn lessons from the past. The lesson was (and is) to try and run a surplus in the boom times. Winter is coming. (View Post)

Indeed. There was even. Concern that the time taken to form the Coalition government would cause a borrowing crisis. If Brown had been running a 4% surplus (say) then the GFC would have wiped that ou… (View Post)

Just because recent governments didn’t follow the economic cycle… Basically, we aren’t in recession. Yet. Recession will come. It always has. So the classic thinking is that while tax returns are hig… (View Post)

The friends I’ve made in the gambling industry are all in Gibraltar now. And before any says it - they are Scandinavian & Irish That’s the a feature of high skilled, well paid immigrants. They ar… (View Post)