The last week’s news has been all about Italy and more recently the appointment of Mario Monti in an undemocratic process that ensures that a pro-EU man is head of the country. There’s no doubt that Italy needs some strong guidance but with Super-Mario’s appointment democracy has gone out of the window. This sets yet [...]
November 15, 2011 by admin · Leave a Comment
Filed under: Politics
Social Tagging: EU • Jorg Haider • mario monti • undemocratic EU
Filed under: Politics
Social Tagging: EU • Jorg Haider • mario monti • undemocratic EU
November 2, 2011 by admin · Leave a Comment
Filed under: Economics, Politics
Social Tagging: greek bailout • greek debt • greek government
Filed under: Economics, Politics
Social Tagging: greek bailout • greek debt • greek government
As if the Greek government could possibly cause any more trouble. On Monday they announced a national referendum on accepting the austerity measures demanded by the EU and and IMF so that the next tranche of bailout money can be paid. This led to the markets taking a nosedive yesterday (Tuesday). The problem, and every [...]
September 12, 2011 by admin · 1 Comment
Filed under: Business, Politics, Tax
Social Tagging: bank firewall • bank ringfence • banking reform • Independent Commission on Banking • vickers report • wunch of bankers
Filed under: Business, Politics, Tax
Social Tagging: bank firewall • bank ringfence • banking reform • Independent Commission on Banking • vickers report • wunch of bankers
Now that the Vickers Report is out the banks seem to be facing some serious changes in the levels of funding they need in their balance sheet and a ring-fencing of retail operations. However, in my view, this whole thing is a PR scam and will change very little long-term. First off: the ring-fencing doesn’t [...]
September 3, 2011 by Karl Craig-West · Leave a Comment
Filed under: Economics, Politics
Social Tagging: budget deficit • government borrowing
Filed under: Economics, Politics
Social Tagging: budget deficit • government borrowing
The markets have tumbled again this last week and this should come as no great surprise, the USA is still effectively bankrupt. They’re still borrowing huge amounts just to keep cash flowing but fundamentally the US Govt needs to stop spending and start paying. Fundamentally it’s fairly simple: government finance is, in many way, just [...]
A drastic change in the economy calls for businesses to adapt in order to keep afloat, let alone make a profit. Redundancies, reducing overheads; you know the types of things! The great thing is, businesses can keep “open as usual” thanks to bartering. It’s nothing new, in fact, before a monetary value was put to [...]
August 7, 2011 by Karl Craig-West · Leave a Comment
Filed under: Business, Economics
Social Tagging: budget deficit • eu budget increase • how a budget deficit works • uk budget deficit • what is a budget deficit
Filed under: Business, Economics
Social Tagging: budget deficit • eu budget increase • how a budget deficit works • uk budget deficit • what is a budget deficit
July 9, 2011 by James Smith · 4 Comments
Filed under: Business, General Rants, Politics
Social Tagging: david cameron • MORON • News International • News of the World • phone hacking • Rebekah Brooks • Rupert Murdoch
Filed under: Business, General Rants, Politics
Social Tagging: david cameron • MORON • News International • News of the World • phone hacking • Rebekah Brooks • Rupert Murdoch
The 168 year history of British Sunday newspaper “The News of the World” comes to and end with its last edition tomorrow. It will be a big souvenir tribute to a long history, with no adverts, and all procedes will go to charity. The front page headline is “Thank You and Goodbye”. And if you buy it, [...]
July 5, 2011 by Karl Craig-West · Leave a Comment
Filed under: General Rants, Politics
Social Tagging: civil service unions • teachers strike
Filed under: General Rants, Politics
Social Tagging: civil service unions • teachers strike
Last week’s teachers strike really was a bit of a damp squib and really hasn’t had quite the impact that the unions were hoping for. The challenge for the civil service unions is that many civil servants (even union members) can’t see the point in one-day strikes. Most civil servants are frustrated by the government’s [...]
June 29, 2011 by Karl Craig-West · 1 Comment
Filed under: Business
Social Tagging: bank firewall • bankers bonuses • debt derivatives • george osborne • Independent Commission on Banking
Filed under: Business
Social Tagging: bank firewall • bankers bonuses • debt derivatives • george osborne • Independent Commission on Banking
Well George Osborne said they were going to be ‘robust’ in dealing with the banks to try and prevent them from reckless speculative investing and unacceptable risk. So, what has he done? Basically, very little of any substance. They set up Project Merlin to get banks lending (particularly to small businesses) but it hasn’t really [...]
June 8, 2011 by Karl Craig-West · 3 Comments
Filed under: Business, Economics, Politics
Social Tagging: FSB • local economics • tesco
Filed under: Business, Economics, Politics
Social Tagging: FSB • local economics • tesco
Let’s be honest, almost all of us have shopped at Tesco at some point in the recent past. Often because they have low prices (and they do) or because it’s your nearest (or most convenient) superstore. However, some local authorities seem to be in love with Tesco so much (and Leicester City appears to be [...]
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