You can only blunder forward in the spirit of “alles sal regkom” (everything will be all right) for so long. We’ve lived in faith that a righteous outcome will fall in our laps if we keep on keeping on, but lately it’s sounding furtive and hopeless. One senses no-one knows what to do.

There is the usual pie-in-the-sky piffle from the ruling party; the countering solution-free blather by the official opposition; yet nobody has the wit to tell us what can be done. No jobs, no future: it’s all very pre-Thatcher Britain.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now