It means energy prices are being held several multiples above their natural level by geopolitical factors, and once those factors are resolved prices will fall back to somewhere within 150% of where … (View Post)

Japan was a very poor choice. There are several other currencies which didn't turn on the printing taps during Covid and have significantly lower inflation now. All choices come with pros and co… (View Post)

No, it's going to be very painful for the vast bulk of ordinary bill payers when the excess cost of dealing with this sort of fraud gets spread on to next year's bills. (View Post)

Magic money tree always is. Point to this year's £20bn profit, nary a word about last year's £20bn loss. (View Post)

Good news they're finally getting rid of the Covid laws. (View Post)