November 29, 2025 at 10:05 am
#318585
I see that Rachel from Accounts now has a second nick name following the extension of the freeze to personal allowances (which is known as fiscal drag, as people are ‘dragged’ into paying tax, or higher rate taxes, as salaries and benefits go up each year, but the personal allowances and tax bands don’t). On ‘Have I got News for You’ last night, Ian Hislop described her as the “Fiscal Drag Queen”. I’m not sure if he’s coined that phrase, or borrowed it from someone else, but I thought that it was equally amusing 😂