Yep - never need to actually balance the books, just need to promise you will in five years' time. Right now that's 2029. In five years' time it'll be promising to get our house in order by 2034. I d… (View Post)

It's like watching an incredibly one sided boxing match. Whoever you were supporting at the start you just want the losing fighter to throw in the towel at a certain point. Sunak is the losing fighte… (View Post)

The largest shareholder (over 30%) is a Canadian pension fund. Not sure why we should care about their poor investment decisions. The second largest (c.20%) is the UK university scheme, which has las… (View Post)

Off topic, from the FT: https://on.ft.com/3SSSp6X "The UK’s household energy price cap is set to fall by 12 per cent in April following a drop in wholesale gas and electricity prices. Ofgem, Bri… (View Post)

I would take the contrary view. Headline inflation will likely be below 2% by April's release (announced in mid May) and fall further the next month. I see little to stop cuts in the summer as expect… (View Post)