If we were in any doubt about the Government’s commitment to reducing the UK’s deficit, then the last few weeks have put paid to those doubts.
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A few days in we now know that the two unlikely suitors have patched together an equally unlikely, and yet curiously promising, way to work together for the next five years. If it was stable that we wanted, then against all the odds, it looks like stable that we have.
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I am not a politician, but I am a voter – and as we approach the election I can’t help feeling the stirrings of unease.
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Let’s keep the champagne on ice…..for now.
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Talk this week is of the windfall taxes on greedy, speculative bankers. Nowadays there’s nothing that stirs the blood and stiffens the sense of indignation in the great British public than talk of dragging highly paid financiers onto the streets by their wallets and distributing their ill gotten cash to needy passers by. Oh yes…..real retribution. Hit them where it hurts.
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Being an employer is a tremendous responsibility . . .
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While many of us may never have heard of the name “Pimco”, it is an American fund company that invests solely in bonds.
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Mohamed El-Erian, chief executive of the world’s largest bond fund, Pimco, has described the position in which the world’s economies now find themselves as the “New Normal”.
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Can Mandelson’s Labour Government really afford to stand behind workers in the UK auto industry?

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“Gosh. The financial system must really be on the mend now.”

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