The last word on why the deficit doesn’t matter

Chris Dillow makes sense: "If people are prepared to lend to government at less than 1% real interest, let’s bleed them dry, because cheap money won’t last forever; infrastructure spending should be undertaken now, whilst it's cheap." The construction collapse will have the same effect on labour costs, which we can offset by removing the … Continue reading The last word on why the deficit doesn’t matter

Don’t axe Crossrail – double it!

Local press exclusives on specialist topics are seldom the most reliable or accurate commentaries you'll ever find on anything ever. Nonetheless, I'm concerned by the East London Advertiser's current alleged scoop on Crossrail. The ELA claims that: Crossrail chiefs fear the deteriorating economic climate, spiralling Olympic costs and the election of Tory Boris Johnson as … Continue reading Don’t axe Crossrail – double it!

Photography on London Underground is permitted

There's an occasional debate on whether photography is allowed on the Tube, generally sparked when a staff member harrasses someone for doing it. The answer is crystal clear: photography is indeed permitted on the Tube without express permission, as long as you don't do anything dangerous like using a flash, or sell the pictures you … Continue reading Photography on London Underground is permitted