I’m quite pro-European as it goes. Roughly translated, as I’m British, this means that as long as the Eurocrats stay in Europe and out of the UK, that’s fine. It's also because the main benefit is that I enjoy holidays without having to worry about changing currencies. In truth, I'm quite pro-European because I've been…
I’ve written about the end of privacy before, but now the big news in the UK is that privacy is a joke. There is no such thing. For example, we had a court of law here that could implement superinjunctions to stop the media leaking information about people’s private lives. Major stars of media, sport…
I had an interesting (but competely April Fooled fictional) conversation with the Chief Executive of one of the UK’s largest banks last night. He was telling me about a new bank alliance that has been formed to address their concerns over what the G20 might do about bank bonuses, taxation, lending, governance and general operations….
This week saw the first discussions of a possible sale of Northern Rock back into the private sector. This is the bank that signalled the real start of the credit crisis when it went under during the summer of 2007 and had to be nationalised. Interestingly, the press have all started speculating who is going…
I love the understatement in some magazines when they refer to companies. For example, they might say: “according to a report today from Microsoft, a software company”; or, “in the news today the BBC, a broadcasting company” … a bit like US reports saying: “news today from London, England” or “Paris, France”. OK, OK, I…
Apparently, Ben Bernanke lost his iPhone recently. The guy who found it took a screenshot of an exchange between Bernanke and Tim Geithner, with the Fed demanding the Government's overdrawn balance be cleared. The date of the exchange was Halloween 2010, a few days before Bernanke agreed to $600 billion of money to be issued…
