Well we had capital allowances for plant and machinery of 130% for a while until recently - yet more flip floping. The rate, the allowances, and the basis of the tax change have zero consistency. (View Post)
Which other country our size would have the Prime Minister [or equivalent] being in charge of pot holes, and going on local radio to speak about what he is doing about pot holes, whilst refusing to t… (View Post)
“Not fully transparent”. In old money: “He lied” Not fully transparent doesn't necessarily mean he lied. It includes sins of omission. He may not have lied, but should have said something he didn't. (View Post)
You are quoting the numbers at current price - i.e. assuming that inflation is zero. You need to adjust for that - which the ONS does by calculating the GDP deflator as the relevant inflation rate. (View Post)