They want borrowing powers, control over company taxation (perhaps with a view to a tax-cutting strategy) and control over the Crown Estate in Scotland (which has implications for what goes on in coastal waters and harbours).

BBC: Viewing guide: The week ahead in Parliament

Or to put it another way, if markets are either so irrational or so wise (depending on your point of view) that they think one kind of government borrowing is hideously bad and another is good, probably best to take the supposedly good money and run.

BBC: Government becomes banker to the private sector

There will be many who view any such forgiveness by the Bank of England of government borrowing as anathema.

BBC: Can the Bank of England hit any target?