Property

Earlier this year my partner paid several hundred thousand pounds for an Aga. There’s no other way of putting it. A major cause of her excitement about our new house was the presence in its kitchen of the whacking great oven. I, on the other hand, was unsure how I felt about it — Aga-nostic, if you like. Six months later I’m sick of the bloody thing. What’s more, I’ve worked out why Aga lovers go on about them so much. For those of you fortunate enough never to have encountered one of these beasts, the facts are these. An Aga has to be kept on constantly, sapping your fuel source (ours is electric) 24 hours a day. My model has two ovens, one at a fixed high temperature, the other at a fixed low temperature. There are two hotplates, ditto. And that’s it.

There is no party in Britain quite as fake as the Scottish National Party. The SNP, now entrenched in its dominance of Scottish politics, imagines itself a revolutionary force for change. Its mission to break up Britain bolsters that impression. But if the SNP campaigns with zeal, it governs with caution. These are the most conservative revolutionaries on the planet. On health, education and taxes, the SNP stresses continuity. The party saves its radicalism for issues the public considers trivial. One is Trident. Another is land reform. According to an opinion poll earlier this year, just 3 per cent of voters consider nuclear weapons one of the three most important issues facing Scotland. Just 2 per cent think that of land reform.

It’s easy to see why Arm Holdings, the UK’s only global-scale internet technology company, looked worth a quick £24 billion bet by Softbank of Japan. At $1.32 to the pound, the price is a lot cheaper than it could have been before polls closed on 23 June, when sterling stood at $1.50; that made it easy for Softbank to offer a fat premium over last Friday’s closing Arm share price — and harder for Arm’s board to say no. As for Arm’s business, it’s unlikely to be knocked by Brexit since its microchips are priced in dollars and sold chiefly to smartphone makers in Asia and the US. And its prospects — in the development of the ‘internet of things’, from driverless cars to WiFi-powered kitchens — are huge.

I spent Sunday at the Sage Gateshead watching an epic performance of Götterdämmerung (I declare an interest, as a trustee of Opera North), so my head was full of it as I braced for more political backstabbing and immolation on Monday. That was very much the way it went as Andrea Leadsom fell, Theresa May rode her horse into the ring of flame that is the forthcoming Brexit negotiation, and Jeremy Corbyn, still clutching Labour’s tarnished ring, was dragged underwater by Angela Eagle, unlikeliest of Rhinemaidens. Enough of the Wagner mash-up: what really caught my ear during the brief moment between Mrs May’s campaign launch and coronation was her attack on the business elite.

It is, at times, unclear that George Osborne is aware that the under-30s are voting in this EU referendum. When he talks about house prices plummeting post-Brexit, he talks as if this will strike fear into everyone’s hearts. For older people seeking to downsize, this might be true – but for almost everyone else, it’s not. And when I hear the In side arguing that we should all be terrified of Brexit because it will cause house prices to fall, I can’t help but wonder if this is the best single reason to vote ‘out’. For most people my age, one of the worst changes in Britain has been the way property prices have spiraled out of control – indeed, how the economic system is conspiring against my generation.