Is politics about power or people? Are regulators interested in rules or outcomes?
Every time I see some middle-aged, slightly tubby politician who manages to get their photo taken by a paparazzi while out jogging I do wonder what they are in it for? Are they in it to help the people – you and me, the electorate? Have you ever seen one of them with a bottle of Lucozade in their hands? No, neither have I. Which might explain why the Chancellor thinks it is OK to tax sports drinks. After all the only people who drink them are Premiership footballers right? And they can afford a bit of extra tax can’t they? Well Chancellor Osborne, I will let you into a little-known se...
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