Cliff Taylor

As things now stand, I don't think we're facing a

2022 style inflationary surge.

Could that change?

It could.

But I do think we're facing a kind of another sticky kind of increase in inflation and increase in prices that's going to cause some difficulties for the government and some hits to people's living standards and a lot of pressures leading up to the budget.

If the government come out with this new spending plan, we're going to control spending better.

Last December.

It's lasted, you know, how long has it lasted?

A few months?

They say that every year.

I know.

And Jack Chambers has promised some kind of levy on departments next year.

The detail of which is unclear to me.

Try and bring spending back under control.

But, you know, there's a touch of King Canute standing on the beach and the tide coming in, you know.

Spending just...

remains under pressure, keeps going.

And when the money's there, a lot of it is spent.

The only plus, I suppose, is that the money is still going into these two funds.

To give us a bit of leeway.