Sir Mervyn King, whose grasp of the fundamental problems facing the Western economies five years after the credit crunch is far sharper than many less astute economists give him credit for, warns that under-capitalisation of banks which still harbour over valued assets in their balance sheets, which they are in denial about writing down, will […]
The Culture Secretary, Maria Miller, was right to send a letter to the Chairman of the BBC Trust, expressing anxiety at the chaos surrounding the Savile scandal, made all the more glaring by the unfortunate and embarrassing appearance of the Director General before MPs. Lord Patten, whilst acknowledging that all was far from well, reminded the minister […]
There appears to be another muddle at the heart of the cancellation of the proposed badger cull. Notwithstanding that, animal rights campaigners are delighted. This blog hopes for a more reasoned approach, as the present rationale for the cull appears as muddled as the delay which has stopped it. If there were powerful evidence to demonstrate that […]