Which might be fine if there wasn’t £2.9trn, 94% of GDP, of public sector net debt that needs servicing. As @DavidL pointed out yesterday, 1pp on gilt rates costs £30bn per year over time. The soluti… (View Post)

George Bernard Shaw: 'A government that robs Peter to pay Paul can always depend on the support of Paul.' (View Post)

Dubai is definitely looking forward to that, will help the sandpit’s recovery no end. (View Post)

I should have added significant deregulation as another option. Government getting out of the way and letting people build things. (View Post)

I’m expecting a raft of stories in the next couple of weeks, about unsuitable or ineligible people who unexpectedly found themselves elected to various local governments. Green and Reform likely to b… (View Post)