Harvesting the magic money tree

I have been travelling again today, so not much comment.

But the new Chancellor delivered his first budget and it included some £30 billion in released funds for various items connected with the coronavirus. While this if fine, as is the start of sick pay from day 1 of being infected, all this spending is uncosted and will be funded by borrowing.

As a result of Brexit, the UK's credit rating has been downgraded several times, thus making borrowing more expensive that it would have been.

Another gift from Brexit.

But this is the last vestiges of any kind of budget responsibility. From a party that was only too happy, apparently, to see tens of thousands of people on benefits die early. Worth noting that the bedroom tax has remained in place, so there is a limit to how far the magic money tree will stretch to; basic human dignity it seems is the limit.

The next few weeks will be crazy, even by Brexit standards. Next week's bi-lateral talks are likely to be cancelled, eating up yet more precious time before the transition period ends.

Meanwhile, industries are beginning to speak out about the mindblowingly stupid decisions that Brexiteers are making, latest is aviation, and the UK Government is planning on setting up its own agency, from scratch, which will cost ten times as much as staying in the EU one, or being affiliated to it, with no benefits.

Another broken Brexit promise.