Britain's Trillion Pound Horror Story

Guido is watching a preview of film maker Martin Durkin’s very accessible look at the economic situation we are in. As Ireland’s political class mortgages future generations to keep the ECB and bondholders happy it explains the full extent of the financial mess the UK is in. Not quite at Irish levels, but if Gordon had won the election…

Durkin’s film is polemical, but he is right, inflation and debt are going to impoverish us for generations. Worth watching tonight on Channel 4 at 9pm. Though it may give you nightmares…




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Quote of the Day

Dominic Raab wrote in his letter of resignation…

“This is, at its heart, a matter of public trust,” he told the PM, concluding: “I cannot reconcile the terms of the proposed deal with the promises we made to the country in our manifesto at the last election… I believe that the regulatory regime proposed for Northern Ireland presents a very real threat to the integrity of the United Kingdom. I cannot support an indefinite backstop arrangement, where the EU holds a veto over our ability to exit…”

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