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)

Current polling is truly extraordinary. We are in a position where every single Tory MP will be worried about losing their seat. There's no chance all will, but non-uniform swing means no one ca… (View Post)

On a side note, expect the pensions industry fiasco to start hitting headlines again in the next couple of weeks. Fund managers across the industry continue to be forced to sell assets as quickly as … (View Post)

And so the rebellion against the next Truss/Kwarteng flagship policy of spending cuts begins only a day after their defeat on their last flagship policy of tax cuts for the wealthy. Never before has … (View Post)

One trouble the government has is that backbench Tories (Gove, Sunak, Patel, May, even Shapps) carry more weight than pretty much the entire Cabinet. They are about to learn the downside of forgoing … (View Post)