Some laud Osborne for being clever, always a dubious epithet in cynical Britain. I wonder if he's remembered his cunning 2011 wheeze, the 'Fuel Duty Stabilizer', which set Fuel Duty to rise automatically in the event the price of oil fell below $75.
Probably seemed a bit hypothetical back then, with oil at $90 and rising. So, Genius George, what happens now ?
More generally: how are you going to parlay this economic windfall into a Conservative victory ? Better not squandor this one.
Footnote: the new 17% interest rate in Russia must ring mournful bells for Cameron, who in 1992 was SPADing for Norman Lamont when the latter fatally announced a rate of 15%.