Like us, Norway hit the North Sea oil and gas jackpot in the 1970s… but their politicians created the world’s biggest wealth fund – while ours frittered the money away: ROBERT HARDMAN

Just imagine that a quarter of Britain’s working-age population decided to call in sick for an entire year – on full pay and with the taxpayer picking up the tab. Or that it was a basic student right to keep on studying until the age of 30 – with interest-free loans all the way.

Or that the number of foreign-born citizens quadrupled in 25 years, with the option of full benefits for all, while ministers built themselves new offices costing £1million per desk.

In next to no time, Britain would be bankrupt and, in all likelihood, in the throes of civil disorder.

Not

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