10 January 2025

What a mess we are in

Government borrowing costs soar This week has not been a great week for the Government with a raft of pointless arguments about pointless public inquiries and Musk calling people names but much more importantly the Bond market has worked up to the sorry state of the UK economy. Government borrowing costs higher now than at […]

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power

Bank of England Admits Carbon pricing is pushing up energy prices

The Telegraph reports: Net zero policies are sharply driving up energy costs, the Bank of England has admitted, as officials battle to bring living costs back under control. Sarah Breeden, the Bank’s deputy governor, said households and businesses were paying more for energy because of so-called carbon permits, which require power plants to pay for

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