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Paul Clarke on the cost of London’s New Year fireworks. You know a blog post is good when it applies even a year after it was written and the principles can apply to things other than the primary subject.

And crucially, were the fireworks not to have been fired, what would be the actual cash saving to be realised as a result? Probably somewhere south of £1.8m, I’d say. Costs aren’t as neatly packaged up as all that in real life—there’ll be commitments and interdependencies that will bring that number down.