The obvious absence of an alternative to oil should have been a cause for concern from the outset.

As the economy becomes as overtaxed as it is under-paid, people simply walk away.

The UK in particular – and Europe more generally – is already well into the post-peak oil collapse predicted decades ago.

Interest rates are not going to be cut just because of a “soft landing.” They will only be cut because the economy is in crisis.

“Tamping down on demand” is an interesting way of describing what amounts to the irreversible deindustrialisation of the continent...

We can expect the establishment media to talk up any and every fragment of positive economic news, while wilfully ignoring the negative, right up until the last vote has been counted.

What the neoliberals – and the ownership class they acted for – never understood was that the checks on profiteering were in their own long-term interests.

Unlike the 1980s, when the UK had several advantages to grow its way out of the self-harm of the early-1980s, this time around Britain has only disadvantages.

Why, given that it is likely that whatever oil and gas there is west of Shetland is going to stay in the ground, should investors have any interest?

The last thing Rishi Sunak wants anyone to draw attention to is that he was Chancellor when all of that funny money was created.