Much of that Debt Could Simply Vanish Instead of selling its huge holdings of UK government bonds bought to finance fiscal deficits, which would push up interest rates and hamper economic recovery, the Bank of England could just “retire the debt” (cancel the bonds and...
Britain: a Culture Hostile to Growth This month Liz and I have had the fascinating experience of visiting the places where Winston Churchill – Britain’s wartime leader and its best-known statesman – grew up, lived and became famous, including Blenheim...
