"A lot of our matches have been close - either we have won or lost narrowly but we have always been in or around the result, " he added.

BBC: Luctonians' Davidson looks to set record straight

"I have taken on some new consultancies, I have lost some others but I have always been very straightforward about what I do, " Mr Norris said.

BBC: Livingstone sacks transport chief Norris

Road pricing or carbon taxes could replace some of that lost revenue, but new taxes are always hard to impose, because those who lose out oppose them and those who benefit keep quiet.

ECONOMIST: Burning issue

Americans learned about tax shelters and municipal bonds and emerging growth stocks, but they for got what their forefathers always knew: that money is easier lost than gained.

FORBES: Magazine Article

They lost, but within the court's decision was a critical bit of advice: they could always elect more sympathetic board members.

ECONOMIST: Has Wake County thrown out the baby with the bathwater?