The key issue that has bugged me since the Northern Rock bust up has been whether there have been enough money lenders out there, with enough money, to buy up the shed-loads of debt the Government is going to shovel out into the market. At long last, thankfully, in the last couple of days, one or two members of the commentariat have begun to join the discussion.
During this year the Government will be looking for £175bn of new debt on to which it will reschedule some past debt, giving