How can a country that has all this come to this, I ask myself as I walk past Big Ben, gently glowing golden in the late afternoon sun, and the spires of Westminster Abbey. I am on my way to the Cinnamon Club, the venue Lord Karan Bilimoria of Chelsea – to give him his full title – has suggested for coffee.
England is flailing. Two young women sitting next to me on the Underground had been discussing grimly how the increase in mortgage rates from 1.5 to 6 per cent in a space of 180 days would affect their