Surely the debt from lend-lease in the Second World War and the penetration and counter penetration of British and American capital since then results in America being easily able to send the British economy into a tailspin is the real point that has always meant that when America says "Jump" our political masters always say "How high?"

After all, Tony learned the power of the oil companies the hard way only a year or three away. (It makes you admire Wilson in a strange way for keeping us out of Vietnam).