Monthly Archives: September 2011

    I nearly choked over the coffee on Sunday morning. The Appointments pages of a leading newspaper opened with the offer of £130,000 plus benefits for a Managing Director, Business Group, UK Trade and Investment. It also offered £110,000 plus bonus for a Newcastle based CEO of the Marine Management Organisation quango. Careers at [...]

Some of you write in and say what can be done, and assert the government does not listen and does not change its mind. On March 15th, March 19th, June 13th, July 12th and Agust 8th I drew attention here to a potential  contradiction between the government’s wish to pursue an industrial led recovery, and  the [...]

               The IMF under Mme Lagarde says it wishes to have more money at its disposal to be able to bail out the bigger states of Euroland if necessary. The lady tells us that their current facilities of $400 billion may seem like a lot of money, but they  could spend it all quite quickly [...]

               The IMF under Mme Lagarde says it wishes to have more money at its disposal to be able to bail out the bigger states of Euroland if necessary. The lady tells us that their current facilities of $400 billion may seem like a lot of money, but they  could spend it all quite quickly [...]

I was thrilled to learn from briefings in today’s papers our problems are all to be solved by a E3.0 trillion rescue package for the  Euro. Banks will be recapitalised, sovereigns in need  lent more money, some bad sovereign debts written off. I have just two simple  questions. Where does the E3.0 trillion come from? Who [...]

             Yesterday’s papers were briefed to tell us we can expect £100 billion of extra money printing in QEII. On top some of this new money will be lent directly by the government to small and medium sized enterprises.  We are promised adherence to the deficit reduction programme as the prudent offset to the [...]

             Yesterday’s papers were briefed to tell us we can expect £100 billion of extra money printing in QEII. On top some of this new money will be lent directly by the government to small and medium sized enterprises.  We are promised adherence to the deficit reduction programme as the prudent offset to the [...]

              The EU is close to agreeing new measures to give it control over Europe’s economies.  It will come as  a “six pack” – six directives and regulations to try to ensure that in future, unlike the past, the EU will control budget deficits, spending levels and tax levels to restore stability.            The [...]

                    Yesterday was another very bad day in stock markets. It was the day when investors and investment managers let out a great cry for help. It was the day they decided the west’s  political leaders had no answers.                     The immediate cause was the results of the two day Fed meeting to consider [...]