Boeing

‘They knocked down our old house in three hours,’ says a friend who has embarked on what he says is a conventional rebuild, nothing Grand Designs about it, on the south coast. ‘But it’s taking forever to get planning permission for the new one. They want reports on everything, from bats to highway impacts: you’d think we’re trying to build a whole huge housing estate.’ And if you do happen to be in the business of building whole huge housing estates, you’ll be eager to know whether Rachel Reeves’s reforms and ‘mandatory targets’ – aimed at delivering 1.5 million new homes in this parliament – will put rockets under the

The price of gold has been rising since the earliest virus reports from China in December. Adherents regard it as a hedge against inflation, bad government, economic turmoil, weak currencies and negative real returns on financial alternatives, all of which are present threats. For pessimists, this week’s headlines — above-inflation pay rises for 900,000 UK public-sector workers, the EU’s €750 billion debt-fuelled recovery package, the WHO’s report of 260,000 new Covid cases in a single day — all represent arguments for this ultimate safe-haven holding. Too late to jump on the bandwagon? I’m no natural pessimist and (as I’m about to reveal) I’m a hit-and-miss forecaster, but I do see