Monthly Archives: June 2011

               You read it here first!. I support the CPS scheme for transfer of bank shares to the public in the UK, and am glad Mr Clegg has joined the supporters list. I raised it again in Treasury Questions this week.

                  There are three possible ways of handling the Greek phase of the running Euro crisis. 1. Muddling through – or Pretend and Extend. This is the way favoured by the current Euro establishment. Greece is offered loans on special terms from Euroland members and the IMF in return for promising to make major [...]

              Yesterday the government reported that its additional borrowing in May amounted to £17.4 billion, £1.1 billion less than in May the previous year.              In the first two months of 2011-12 total borrowing reached  an additional £27.4 billion, compared to £25.9 billion in the same period the previous year.             Total national debt [...]

               Today we debate the Scotland Bill.  Both Labour and Conservative front benches support the Union and believe granting more powers of self government to Scotland and its Parliament is the way to preserve the Union. The SNP see the opportunity to demand more powers for the time being, whilst seeking to use the [...]

  I was interested to learn that talks are now underway with the Taliban in Afghanistan. That implies Obama is at last thinking of getting more American troops back home. It probably means we too can be thinking of getting our troops back. As someone who has argued for many months that we need to [...]