I had the dubious honour of listening to the SOTU speech overnight having fallen asleep with the World service on. Whilst he is a boil on humanity the problem is that last night was one of those big … (View Post)

That’s fair enough. One thing that I would pick up on is that the endowments weren’t some lovely fluffy modern concept of lifting the poor. Winchester, and then Eton for similar reasons, we’re set up… (View Post)

Why do you think they should disendowpublic schools. The endowments were the wishes of people in their wills or lifetime. You might not like public schools but if people chose to leave land or money … (View Post)

Yes, it’s a nonsense, the “rich” spend their money on expensive cars contributing lots of lovely VAT and creating jobs. They eat in restaurants and spend more money in expensive shops adding VAT and … (View Post)

But you can add more economic activity without increasing the cost to the economy by attracting the wealthy to the UK. So yes, on a technical basis they spend a smaller percentage of their wealth it’… (View Post)