2p per year, as per the Res Foundation proposals, but yes I agree. The benefit of pre-announcing repeated annual changes is that they compound up to the all important 3rd year. By then it would be an… (View Post)

This was a speech largely targeted at bond markets. Not really aimed at voters or backbenchers. Key words that kept coming up: interest rates, fiscal rules, inflation. Hints that she wants to go beyo… (View Post)

Surprise surprise someone from the NYT peddles falsehoods about the grimness of life in Britain. That paper seems to have as its mission statement to obsess about the invented failings of a country i… (View Post)

Shame about the stabbing news because it’s otherwise a very pleasant autumn day out there. One of those late season golden afternoons that make me deliciously nostalgic. For what, I’m not sure. I thi… (View Post)

Just got back from a couple of weeks in Tangier, Fes and Marrakech (and places in between) and found myself remarking how handsome and attractive London looks to the objective eye. (View Post)