Monthly Archives: March 2008

Regulators and central banks think again

It is good news that the Bank of England is thinking about its role in modern markets, and that the US and UK authorities are to review how to handle banking liquidity and regulation in future. This agenda should include: 1. Have the Basel regulatory arrangements encouraged too much off balance sheet lending? 2. How [...]

Posted in Blog, Northern Rock | 6 Comments

Ego sum abbas Cucaniensis – too much drinking and gambling?

Last night I heard the Wokingham choral Society sing Carl Orff’s Carmina Burana. The highlight was a brilliant rendition of the drinking song of the “Abbot of Cucany”, who boasts that if he drinks with someone all day in the tavern by the evening that person has lost his clothes. The baritone soloist was Grant [...]

Posted in Blog | 8 Comments

What Councillors should do

Press reports of large salaries paid to senior Council officials, and yesterday’s post on this blog about Chief Executives of Councils, has revealed the strong feeling that Council bureaucracies are out of touch and spending far too much on themselves. We elect Councillors to direct and control these bureaucracies, and are about to see some [...]

Posted in Blog | 22 Comments

Mortgage rates

I am glad to see the Telegraph today giving front page prominence to the rise in mortgage rates this week. See yesterday’s blog on interest rates and the MPC for the background.

Posted in Blog, Northern Rock | 4 Comments

A bad week for Gordon wooing the English

Sometimes it is events dear boy that land a Prime Minister in trouble. This week we have seen the PM trying to cement an alliance between the UK and France. Listening carefully to Mr Sarkozy’s agenda it sounded more like the old Scottish-French alliance, as a strong and integrated EU is more SNP than English [...]

Posted in Blog | 7 Comments

What does a Council Chief Executive do?

Since 1974 we have seen the introduction of the Chief Executive Officer in to the world of local government. They arrived with the hated new counties of Avon and the rest cobbled together out of smaller cities and rural areas with differing senses of loyalty. They were introduced in the naïve belief that they would [...]

Posted in Blog | 14 Comments

Britain in Europe

Back in February, John Redwood had an article published in e-International Relations concerning the Lisbon Treaty, entitled Britain in Europe in 2008: Big World, Bad Europe, Ugly Consequences. This article was criticised by Professor Anand Menon of the University of Birmingham, who published a response under the title of Britain in Europe: A Response to [...]

Posted in Articles | 2 Comments

A different way of space travel

Last night I heard a fascinating presentation from the President of Virgin Galactic about their plans to sell people a trip into space on their reusable plane and space ship. They are offering the opportunity to people to become astronauts, seeing the beauty of our planet from space and experiencing weightlessness. The ambition and the [...]

Posted in Blog | 18 Comments

Interest rates rise – Where was the Monetary Policy Committee?

The monthly tea party for academic economists at the Bank of England – the regular meeting which Gordon Brown claimed meant he had “made the Bank of England independent” – looks more and more irrelevant. The other changes Mr Brown made to the Bank, taking crucial powers away, have exposed the Bank to torrid times [...]

Posted in Blog | 5 Comments

The Frenchman did a wooing go, whether his mother would let him or no.

Listening to President Sarkozy yesterday was a salutary experience. The setting was both splendid, and redolent of more difficult times in Anglo-French relations. Maybe the organisers had a sense of humour, asking our guest to address us in a room dedicated to British royalty and dominated by the hanging of magnificent tapestries of the battles [...]

Posted in Blog | 12 Comments
  • About John Redwood

    John Redwood has been the Member of Parliament for Wokingham since 1987. First attending Kent College, Canterbury, he graduated from Magdalen College, and has a DPhil from All Souls, Oxford. A businessman by background, he has been a director of NM Rothschild merchant bank and chairman of a quoted industrial PLC.
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