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Smoke, fire and banking power
October 4, 2010 9:53 am 36 Comments
A financier whom I know calls me over the weekend about the Irish financial crisis. “Jon”, he says, “I trust you know that 80 per cent of the Irish banking crisis was caused by a handful of property developers taking massive punts on the housing and construction market?”
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Hold your breath and hope the governor is wrong
October 22, 2009 2:35 pm 11 Comments
Channel 4 News presenter Jon Snow says he is not surprised to read the Bank of England governor Mervyn King and Gordon Brown have different views about breaking up the mega-banks.
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After the politics, the policies
June 9, 2009 10:25 am 13 Comments
So to policy now that the personality of the prime minister has, for the time being, been parked. So what to expect? Mostly obviously, I guess, we look to proposed changes in Post Office ownership, now to be kicked into the long grass. A possible end, too, for the ID scheme (estimated cost: £5bn), and [...]

