Lord Pearson of Rannoch has been elected the new leader of UK Independence Party. This is interesting for two points. First, he is the first leader of a political party to sit in the Lords since the Earl of Home become leader of the Conservative Party in 1963 (although that was for a very short period). Second, he is the first leader of a political party with elected politicians not to have been elected to any office himself.
So his election paves the way for Nigel Farage to try to oust Speaker Bercow at Buckingham. If Farage succeeds, will he want his job back?
My IEA article on the bond losses
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According to the OBR the Bank of England will lose us £288bn from autumn
2022 to the end of their bond portfolio in 2036. The Chancellor has
recently appro...
1 day ago







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