I realise that, given the good management of the economy, that would be achievable in terms of the current inflation rate. However, that is not a desirable constraint because it would inevitably mean that, other things being equal, interest rates would have to be higher than they would otherwise be. That would reduce investment and increase the cost of mortgages, thereby increasing unemployment, debt costs, and the cost of unemployment, and reducing the tax take. Even if the right thing to do were handed to the Conservatives on a plate, they would go back to the bad old days of boom and bust. That is why their claims to match our expenditure and our action on taxes are completely unbelievable.
Many people come to that conclusion for a variety of reasons.
Obviously, Mr. Sykes is particularly interested in not joining the single currency, for reasons best known to himself. He does not want to attach his campaign to the Conservatives' failed campaign. He does not want to attach himself to a bunch of losers, so he is keeping his money in the bank, keeping his powder dry, and he will fight his own campaign on the single currency. We are all concerned about sovereignty, as opposed to the single currency. Column 694 destiny.