You're probably thinking that the estimable Mervyn King has yet again won the Well Done, Sherlock! award this time around for his startling discovery that inflation will rise over the next twelve months because the price of things like petrol, gas and electricity will be going up.
But no. The winner of the Well Done, Sherlock! award this time goes to that well known brainbox and incisive thinker, The Secretary of State for Business, The Rt Hon Vince Cable MP. He's just realised that his partners in the Coalition Government, the Conservatives, are "ruthless, calculating and thoroughly tribal". None the less, he is going to continue to work with them. Clearly, he likes his comfy seat in the Cabinet.
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