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When he struggles to pay his electricity bill, Wallace begins to kick-start his country's economy. He investigates the National Debt, with advice from former Chancellor of the Exchequer Kenneth Clarke. He designs his own currency, the IOU (Interdependent Occupational Unit), which he shows to Andrew Bailey, the Chief Cashier at the Bank of England. He also discovers the Principality of New Utopia and interviews the UK Pro Consul, Tony Nicodemous. He applies for international aid, and fails, due to the wealth of his citizens.