The Lords report first: the headline conclusion is that we should switch to a fixed — rather than rolling — five year debt stock target. I’d be surprised if I’m the only one of the quoted witnesses who regards this as precisely the wrong conclusion. committees.parliament.uk/committee/17...

It’s time for tough decisions to tackle our national debt - Committees - UK Parliament

The Economic Affairs Committee publishes its report ‘National debt: it’s time for tough decisions’.

The Lords appear to have read the submissions, listened carefully to the verbal evidence, and then ignored the lot as they reached for a blank price of paper to draft their conclusions. The evidence we submitted is here, should anyone care to examine it. committees.parliament.uk/writtenevide...