This isn't quite right. The debt held under QE does matter in the UK's set-up. The BoE buys the gilts not directly from the government through its Asset Purchase Facility (APF). When purcha… (View Post)

I'd just add that, while Russian disinformation is the most likely explanation here, Putin should be considered a perfectly legitimate target to kill - arguably the most legitimate of all - and … (View Post)

The Lib Dems even get a special mention in that rant. "None of those sanctioned is a current UK or EU official—however, we know that foreign government officials are actively targeting the Unite… (View Post)

I see the government is continuing with it's Grand Old Duke of York approach to policy announcements. Remind me of winter fuel allowance. A defendable policy that pissed a lot of people off and … (View Post)

On the plus side, he'll be dead before he manages to use all his corruptly gotten gains. On the downside, his children appear to be as awful as him. (View Post)