I don't care about giving away small legacy colonial territories in a part of the world we have no geopolitical or military influence. I also don't have a strong view on £90m pa being paid … (View Post)

That's because the last government was so crap for so long that I'm willing to give Labour more than 6 months before writing them off. Certainly longer than that before considering the Tori… (View Post)

We currently seem to be setting interest rates like we're the US whilst growing like we're the EU. The Eurozone base rate is 1.75% lower than ours... (View Post)

Well if it is the sum of the cash payments then it's not untrue as such, but not a relevant number for real world purposes. As shown by the £2.7bn calculated. It is the present value of cashflow… (View Post)

Regarding this Chagos deal... Assuming it is £90m in year 1 for 99 years and the total cash value is £18bn, then the annual indexation is 1.3% pa. Which means the actual cost of this, on a present va… (View Post)