Looks more like up 0.15% since Reeves started her Budget statement, or 0.2% from about when she sat down. Not exactly a crisis but equally, not trivial. (View Post)

Biden is intimidated by Putin and won't allow anything he isn't pushed into by others. I don't expect him to change his stance after next week. He doesn't want to be a war leader and has done his bes… (View Post)

Electrifying Church Fenton to York is completely pointless unless the programme is continued through to Leeds (at least), now that HS2(Yorks) has been binned. (View Post)

She didn't need to freeze the duty though. A more modest rise than that planned could still be played as a 'cut' and fuel rates are pretty low at the moment - a 3p/ltr rise (say) is only bouncing the… (View Post)

Bus use tends to be pretty price inelastic and routes being cut has more political impact than fares. One consequence of the cap has been a reduction in routes because of the reduced income. I assume… (View Post)