The Time Bubble

Various news reports last week put the current rate of inflation at between 2.7% and 7%, depending on the criteria and timescales used. At the same time, interest rates rose to 1%, their highest level for some time. We are accustomed now to the idea that we are in a cost-of-living crisis, but just how bad is it? I would suggest, a lot worse than many people realise. The energy costs and fuel price rises have been well documented, and are way above the quoted rate of inflation. Surprisingly, when you think back to the fuel crisis of 2000, most people seem to have absorbed these without too much complaint. The Government has managed to divert attention from their misguided policies by apportioning blame to external factors.  A favourite scapegoat is Covid-19, but the virus itself was not to blame. It was the untold billions wasted on pointless measures in response that did the damage. If that won’t wash as an excuse anymore, then the convenient crisis in Ukraine makes a good substitu...

Residents of a picturesque Worcestershire town were preparing to go to the polls last night to decide an issue that has divided the town like no other. In fact, one local historian went so far as to say that tensions had not run so high since the Battle of Evesham in 1265. The issue that has caused such a huge rift all revolves around local celebrity "Cooper", a seven year old cat who has been greeting visitors to the local Morrison's supermarket now for several years. Whilst bringing delight to some shoppers, others are not so keen. The situation has now escalated to a point where only a local referendum to decide whether Cooper should stay or leave can decide the issue. Souper Cooper's deal of the day! Fans of Cooper have been gathering outside the store, bringing him treats, and holding up banners in his support. One lady we interviewed said. "Coops is lovely and the reason I come to Morrisons each day for my shopping. He's a little ray of sunsh...