He does seem to be making more difficult but correct decisions as compared to Sunak's 'load all the expense on the workers' approach. Kwarteng of course not even worth including in the comparison. (View Post)

From Labour's perspective, the Tories holding on for two more years with a competent chancellor making difficult decisions is a good outcome. It means the house fire will have mostly been put out and… (View Post)

Bond yields open down around 0.3%. Early days, but it looks like Hunt will come out looking very favourable when the history of this whole saga is written. (View Post)

It may have been popular, and as a standalone measure it may have not created this crisis, but Hunt now understandably needs to restore market confidence and that means erring on the side of fiscal p… (View Post)

The easiest spending cut is reducing energy consumption such that the government is on the hook for less. I personally think the energy price cap is too universal a measure and could be tiered such t… (View Post)