Archive for the ‘Politics’ Category

Can the undemocratically appointed Mario Monti save Italy?

November 15, 2011 by · Leave a Comment
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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 [...]

The Greeks will vote no to austerity and then default anyway

November 2, 2011 by · Leave a Comment
Filed under: Economics, Politics 
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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 [...]

The Vickers Report is useless and won’t bring banking reform

September 12, 2011 by · 1 Comment
Filed under: Business, Politics, Tax 
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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 [...]

The USA is still bankrupt and the markets know it

September 3, 2011 by · Leave a Comment
Filed under: Economics, Politics 
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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 [...]

If you buy the last edition of the News of The World, you are a MORON.

July 9, 2011 by · 4 Comments
Filed under: Business, General Rants, Politics 
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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, [...]

What has the teacher’s strike actually achieved (apart from a load of angry parents)?

July 5, 2011 by · Leave a Comment
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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 [...]

Tesco could be bad for the health of your local economy

June 8, 2011 by · 3 Comments
Filed under: Business, Economics, Politics 
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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 [...]

5 ideas for the UK Government to help small businesses

May 21, 2011 by · 2 Comments
Filed under: Business, Politics 
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It’s been around 3 years since the credit crunch kicked off and the business community has been given nearly no headlines since that time. Yes, the bankers have had all the press (mostly negative) but what about the people running small businesses across the country and how they’ve been affected by all of this? Well [...]

Historic 4-vote election in Leicester South. 5th May 2011.

May 5, 2011 by · Leave a Comment
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Will the results be nationally significant results or predictably inevitable? Less than 8 hours to go till the start of a historic polling day in Leicester South constituency, where voters go to the polls to cast votes in 4 different ballots. As well as the nation referendum on AV, citizens of Leicester will be voting [...]

What would George W do about Libya?

April 29, 2011 by · Leave a Comment
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With the continuing trouble in the Arab world (Saudi Arabia only just averted an uprising), Libya looks like it’s heading towards civil war and Syria could be heading that way too. There’s been plenty of ranting about the Libyan uprising, which Gadaffi would easily be able to put down, but what is the west doing [...]

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