Boris. Living Proof That You Can Be Rich And Stupid

I don’t know what Boris Johnson’s IQ is but his speech at the annual Margaret Thatcher Lecture¬†suggests that he is a spectacularly stupid little man. At the core of his speech was a celebration of Margaret Thatcher’s success in transforming Britain into “a buccaneering environment where there was no shame – quite the reverse –…

Scotland’s Future: Business As Usual (More Or Less)

I have just ploughed my way through the first four chapters of Scotland’s Future, the Scottish Government’s white paper which argues the case for voting “yes” in next year’s referendum on Scottish independence, and outlines the Scottish National Party’s “priorities for action” should they be voted back into government after Scotland becomes independent. I confess…

Not only is Help To Buy stupid in terms of pumping up the housing debt bubble (as explained here), it’s also an expensive alternative to renting, according to this analysis by pricedout.org.uk. Apparently you’re better off renting than being an average first time buyer using Help To Buy.