In a move described by political analysts as “the most honest fiscal policy in fifty years,” the UK Government has today unveiled its new strategy for tackling inflation, the national debt, and the cost of living crisis: a vintage, mahogany-finished roulette wheel purchased from a liquidated casino in Great Yarmouth.

The unveiling took place this morning in the Rose Garden of Downing Street, where the Chancellor, flanked by sombre-looking Treasury officials and a man in a tuxedo named “Slick Mick,” pulled the sheet off the new instrument of state financial planning.

“For too long, we have relied on so-called ‘experts’, ‘forecasts’, and ‘mathematics’,” the Chancellor told the assembled press corps, patting the wheel affectionately. “We have tried quantitative easing. We have tried austerity. We have tried ignoring the emails from the IMF. Nothing has worked. So, after a long night of introspection and three bottles of port, we decided to embrace the true spirit of the British economy. We are going ‘All In’ on Red.”

The “Casino Economics” Bill

The new policy, officially titled the Fiscal Variance and Probability Act 2026, effectively replaces the Office for Budget Responsibility (OBR) with a croupier.

Under the new system, all major spending decisions will be decided by a spin of the wheel every Monday morning, broadcast live on Parliament TV.

Red: Interest rates go up.

Black: Taxes go down.

Green Zero: The NHS is sold to a private equity firm run by a golden retriever.

“It is a bold strategy,” admitted Sir Humphrey Appleby-Smyth, a former senior economist at the Bank of England who has since resigned to become a professional bingo caller.

“Traditionally, economics attempts to minimise risk. This government has looked at the concept of risk, laughed in its face, and ordered a double vodka tonic. They are effectively turning the entire GDP of the United Kingdom into a chip stack and placing it on a single number. It is terrifying, of course, but you have to admire the sheer, unadulterated nihilism of it.”

Bringing “Vegas Energy” to Westminster

The government insists that this shift is merely formalising what was already happening behind closed doors.

“Let’s be honest with the British public,” said a government spokesperson, who asked to be identified only as ‘High Roller’. “Running a G7 economy in the 2020s has always been a gamble. We’ve been bluffing on a pair of twos for a decade. Every time we set a budget, we are walking into a high-stakes casino, sweating profusely, and praying the Pit Boss doesn’t notice we have no shoes on.

“At least now, we are being transparent. When the mortgage rates skyrocket next month, it won’t be because of ‘global headwinds’ or ‘supply chain fragmentation’. It will be because the ball landed on Number 17, and Number 17 is the ‘Abolish Pensions’ number. It brings a sense of clarity that the voters deserve. It makes forecasting easier, too. If people want to know what’s likely to happen next, they can just check Sister Site for the latest news. In fact, we’re thinking of putting them in charge of policy, given the whole ‘understanding how casinos work’ thing that they do.”

The installation of the wheel has required significant renovations to Number 11. The traditional mahogany desks have been replaced by green baize tables, and the Chancellor’s red briefcase has been swapped for a plastic bucket full of 50p coins. Cabinet meetings are now conducted under low lighting with free complimentary drinks for anyone who is winning.

Opposition Reaction: “Why Didn’t We Think of That?”

The Opposition has reacted with fury, mostly because they claim the idea was originally theirs.

“This is typical of the government, stealing our policies,” shouted the Shadow Chancellor during Prime Minister’s Questions. “We have long argued that the economy is a game of chance! However, we disagree fundamentally with the use of a roulette wheel. A Labour government would introduce a far more equitable system based on a giant tombola, or perhaps a game of ‘Play Your Cards Right’ hosted by a hologram of Bruce Forsyth. The roulette wheel favours the house, whereas a tombola represents the chaotic will of the many!”

There are also concerns about the specific rules of the game. Leaked documents suggest that the government has “weighted” the wheel so that the ball can never land on “Tax the Rich” or “Build Affordable Housing.” Instead, 40% of the slots are reportedly labelled “Blame the Previous Government” and another 30% are simply marked “Panic.”

The Public Response

Surprisingly, early polling suggests the public is broadly supportive of the move. In a vox pop conducted on Oxford Street, most voters seemed resigned to the absurdity.

“Ideally, I’d like an economy run by competent adults,” said Sheila Miggins, 54, a librarian from Slough. “But since that hasn’t been an option since roughly 1997, I suppose a roulette wheel is the next best thing. At least the wheel doesn’t go on Newsnight and lie about its intentions. It’s an inanimate object governed by the laws of physics. That makes it significantly more trustworthy than the last five Chancellors combined.”

“It makes sense,” added Dave, a bricklayer from Essex. “Life is a gamble, isn’t it? You buy a house, that’s a gamble. You buy a chicken sandwich from a petrol station, that’s a gamble. You vote for a party that promises to lower immigration and they triple it, that’s a gamble. We’re all just chips on the felt, mate. Might as well have a spin and see what happens. Put me down for ‘National Service for Pigeons’, I reckon that’s due a payout.”

International Markets React

The international response has been less enthusiastic. The International Monetary Fund (IMF) has officially downgraded the UK’s credit rating from “AA” to “Junk / Scratchcard.”

“We are confused,” read a statement from the IMF headquarters in Washington. “Usually, when a nation state decides to base its monetary policy on a parlour game, it is the sign of a total societal collapse. However, in the UK’s case, the pound actually rallied slightly against the dollar this morning after the wheel spun a ‘Black’, meaning that Greggs sausage rolls are now tax-deductible. We don’t know how to model this. Our supercomputers have stopped working and started smoking.”

Expanding the “Casino State”

Emboldened by the early stability of the wheel (it hasn’t fallen over yet), the government is reportedly looking to expand the “Casino State” model to other departments.

The Foreign Office is currently trialling a Blackjack system to determine diplomatic relations. If the Foreign Secretary draws a “Bust,” we accidentally declare war on Belgium. If they stick on 19, we sign a trade deal with Peru.

Meanwhile, the Ministry of Justice is looking into replacing trial-by-jury with a simple coin toss. “It saves time, it saves legal fees, and it has roughly the same accuracy rate as the current backlog,” claimed a source.

The Final Spin?

As the sun sets over Westminster, the neon lights of the new “Downing Street Palace & Grill” flicker into life. The Chancellor stands at the wheel, sleeves rolled up, sweating under the glare of the TV cameras. The nation holds its breath. The ball is released. It clatters over the frets, bouncing between “Total Economic Collapse” and “Free Ice Cream for Everyone.”

It slows down. It teeters on the edge.

“Make your bets!” screams the Prime Minister from the sidelines, waving a mortgage application. “No more bets!”

The ball drops.

It’s zero.

We’re selling the NHS to the dog.