Nigel Farage: Farewell net zero, we hardly knew you…?
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Not so long ago, questioning net zero could’ve got you de-banked for your politically incorrect views. Now it’s so mainstream that even the government and opposition can agree on some of the flaws.
But what does that really mean for the most interventionist government policy in UK history? Is it over before it really began?
It’s certainly looking unaffordable, with the UK government’s interest expense already spiralling thanks to the Treasury’s decision to issue inflation-linked gilts.
The consequences will have to be much higher taxes…
But the government is not the only one in too much debt, with interest rates resetting to dangerously high rates for ever more borrowers ticking over to variable rates.
Can the housing market hold up, or must the Bank of England hold it up with rate cuts in the face of inflation?
Last but not least, we have a truly bizarre situation in the eurozone, which has emerged from its recession with record low unemployment...
Find out what’s really going on in this week’s news in review, with Nigel Farage…
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