I believe it was Viz’s Profanisaurus which coined the term “the fecal touch” as the opposite of the Midas touch. The expression comes to mind as the Treasury lurches through yet another crisis, this time over whether or not it’s going to change stamp duty to give the gift of negative equity to naive youngsters  bring much-needed solace to the housing market.

It’s getting easy to lose track of the litany of screw-ups and volte-faces – from losing discs to U-turning on capital gains tax and non-doms….not forgetting the mother of them all, the £2.7bn compo package for the abolition of the 10p tax rate. Read more