Also, I have read that in Phase 1 the DfT (possibly at the behest of the Treasury?) insisted on the contractors taking on all the risk of having to do remedial works later on. Unsurprisingly, the con… (View Post)

Existing lines are slower right now, because they put both fast through traffic, local traffic & slow freight on the same lines & the fast traffic needs a lot of “line space”. Shift the fast … (View Post)

Yes, we live in a credit money system these days - the vast majority of expenditure is credit of one form or another, not base money & so the change in the money supply is defined by the ability … (View Post)

The media are not the country. Indeed, this is one of Cummings’ core critiques of UK government - that they pay far too much attention to what the Westminster Village media has to say & far too l… (View Post)

I’m looking forward to his Shakespeare biography being just as bad. The man doesn’t have the focus required to write any kind of in-depth work. (Most people don’t of course, but in general they don’t… (View Post)