Day: 5 August 2010

Barclays A big improvement here in profits, but if you strip out investment banking and all those dodgy derivatives, the High Street part reflects the slow conditions in the core economy. However, though I hesitate to disagree with George and whilst I know it is akin to blasphemy to question the wisdom of Vince, I now believe they […]

China and Liverpool The news that the Chinese state investment arm, CIC, is funding a bid for Liverpool F.C. is at some level the most important piece of news today, notwithstanding floods and other human suffering. This is because as it emerges as one of the the world’s  financial mega powers, the concept of Communist State Capitalism […]