On the twelfth day of Christmas my true love said to me Twelve ferries cancelled Eleven lanes a closed Ten restriction signs Nine diggers digging Eight potholes threatening Seven bollards blocking Six cameras flashing Five closed roads Four different… read more
Inflation has fallen a long way and the economy has stalled. That is what you should expect given the intense monetary squeeze administered by the Bank, and the efforts at fiscal tightening by the Treasury. There hasn’t been a worse collapse in output… read more
I wish you all a happy Christmas. Feel free to comment on anything you like today. I will catch up tomorrow. read more
My poem for Christmas Will Santa come for me? May you all feel the excitement of Christmas. WILL SANTA COME TONIGHT? “Will Santa come? Will Santa come tonight?” “He might. He might. If you are good, he might.” “Can I stay up and see?” “No. He will … read more
Treasury, Bank and OBR officials organise a Christmas event Well , said the Chairman of the working group, we need a party to brighten things up after so much talk of austerity. Are there any preliminary issues? Yes, said the Treasury, we need… read more