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A licence to print money
Well no, actually. The amount of paper cash wont actually rise from the current c. £40bn mark after the MPC’s decisions to embark on quantitative easing . The money created instead will be flooded...
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Government leaves customers out in the cold
So the government acted slowly and the treasury foolishly with its bungled nationalisation of Northern Wreck. You’ll forgive me if I refrain from gasping and holding my cheeks in disbelief. It has...
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The Apprentice: contestant preview
That time of year has arrived, so wondrously coincidental with the coming of spring flowers. The Apprentice is back. What difference a year makes. This time in 2008, Alan Sugar was still banging on...
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Darling’s halfway house needs repossessing
Why, why, has the botch of the Dunfermline cost the taxpayer a potential £1.5bn? The chancellor Alistair Darling today said that the stricken building society would have needed between £60m and £100m...
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Green, shoots and leaves
April is the cruellest month, breeding Lilacs out of the dead land, mixing Memory and desire, stirring Dull roots with spring rain. And so on. What Thomas Stearnes Eliot didn’t tell us about the human...
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The Budget 2009: web grab
Today the Chancellor, Alastair Darling, delivered what was billed as one of the most important Budget speeches in decades. Backgrounded against rising unemployment and the prospect of deflation this...
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‘Too big to fail’ ensures the small can’t succeed
General Motors has the ultimate sales strategy. It churns out millions of gas-guzzlers every year, two lanes wide and each one emblazoned with a proud American badge – a motor from motown. If you’re...
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Darling’s bombardment of boredom
I went along to my first treasury select committee yesterday. Unfortunately, the show’s centre-piece was our Chancellor, Alastair Darling. Gone were the wallet-swollen fat cats Sir Fred and Sir Tom...
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From Cairo to Copenhagen: Arab stance on climate change
Lebanese environmental activists carry a banner calling on Arab countries to take action against climate change, as Arab participants enter the venue of the annual conference of the Arab Forum for...
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Beirut Green River Project Photos
After a lunchtime interview with the ebullient Phillipe Skaff, head of Lebanon’s Green Party (his lunch consisted of two Montecristos) I was handed images of the exciting ‘Green River Project’. The...
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