That’s right, the headroom is a buffer in case things turn south. Note to all: it’s still small by historical standards. It was slashed by Hunt in his last 2 budgets, and then further cut back to the… (View Post)

By-elections showing the usual recent pattern: Reform easy gain from Labour in Sunderland, Tories and independents being squeezed further. Hetton (Sunderland) Council By-Election Result: ➡️ RFM: 45.2… (View Post)

The story of Your Party imploding while the Greens enjoy a surge is pretty much identical to Change UK imploding while the Lib Dems surged in 2018-19. Much easier to build from an established foundat… (View Post)

Still, at least your house is worth only £1,999,999 and will hover around that value for the next decade. (View Post)

Yes, I thought she carried it off with aplomb. It was very helpful getting the OBR leak. It meant we could focus on analysing the measures while the chancellor was speaking, saving us valuable time. … (View Post)