Day: 24 January 2011

This Blog is now going to set out its stall to rebuild our financial system. No doubt the IBC will be more sophisticated, but I doubt it will be more fundamental. The Banks must be broken into distinct and financially separate arms, for what was once banking, but what is High Street or consumer banking in […]

This is a bad idea. Small government does not mean the State has no role, nor that it should not have assets. The Thatcher revolution which brought about the privatisation of state enterprise was a very good idea, but like many good ideas, it lacked the judgement to know when to stop. Thus we ended […]