Literally true but successor state to Czechoslovakia whose post war viability was strengthened by a fair amount of violent ethnic cleansing. (View Post)

Rayner was right. (View Post)

It will take time for these real wage gains to offset the previous declines, though. The voters may not have long memories but they're not goldfish. (View Post)

Sure, if you don't mind living in an economy with permanently high inflation. In the long run that implies higher real interest rates too, which makes any debt problems worse. Inflation can only… (View Post)

I'm not sure the battle is won. Services inflation is still 5.9%. The headline is being dragged down by energy, which will be transient. Unless services inflation falls back, the headline number… (View Post)