The mistake was when the Triple Lock was created. It's a decent idea to have the state pension drift up a bit gradually for a few decades- the pure inflation lock was making the basic pension to… (View Post)

And we're now in the bit of the doom loop where Figure 1 has to keep going up because Figure 9 went down. You can sweat capital assets a bit more for a year or two. But eventually it catches up … (View Post)

Thing is that a defeated government pretty much has to pick an opposition leader from that failed government. The case for Badenoch remains that the alternative could be even worse. (View Post)

It's a similar mistake to the confusion people have between capital and revenue spending. We've had Prime Ministers with financial backgrounds not grasping that one. (View Post)

You don't even need that. The prices spike we've all just experienced pressed the pensions button twice: In 2022 due to inflation. In 2023 due to wages (which took a while to respond). Whic… (View Post)