Professor Tim Evans of Middlesex University laments the profligacy of Government and the failure of the Bank of England to get a grip on inflation. He compares it to the disastrous mid-70s, saying the Bank is failing badly. He looks at the shifting sands of HS2 and climate policy, explaining why the UK is so bad at infrastructure. And he finds a positive in the fact that so many people are choosing to continue to work beyond conventional retirement age.