UK Budget: poor finance, good politics

It was hard, driving on the Swiss motorway to work, to avoid shouting at the radio during the morning-after coverage on the BBC of the UK Budget.

So Chancellor George Osborne is going to pump prime the economy by stimulating the housing market. Is it really the government’s job to fund billions of pounds’ worth of mortgages, helping tens of thousands get into an already inflated and under supplied housing market?   Continue reading

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