@RupertLowe10 At some stage are we going to be allowed to say NO to all this constant overspending. We have tax receipts nearly every country in the world would love- we just cannot stop spending on non productive activities.
@peteratcmc All logical but at the time nobody wanted to follow the logic . Corporation tax rise was utterly irresponsible and previous cuts to incentives like Entrepreneur relief has done huge damage . The brain drain will turn into a flood and inflation likely to stay higher for longer .
@Peston Look at Rushmore , buying useless land from ‘friends’ at twice the commercial level in Hook . They then put up council taxs - insane economics.
@john4brexit BOE were the people who lost control , missed the pension problem ,gilt market and hence caused mortgage issues also missing ‘transitory inflation’ . There was never anything transitory about our inflation- it just hadn’t happened for 25 years .