Blog 2023 Malcolm Blair-Robinson

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‘…. Her body was tilted by padding under her hips. Consciousness faded. She awoke and heard voices echoing and dreamy. She was being lifted onto a stretcher. There was a throbbing noise. It grew louder. She saw blades circling. She was in a cabin. An engine roared. Gone again. Blackness. Back again. No engine noise. On a trolley. Moving fast. Everyone running. All gowned in blue. Shouted orders. A masked face close to hers. A woman, Rachael could tell by her eyes. They connected. She held those eyes with hers. They were her thread to life.

‘Hurry I am losing her!’

The masked face grew smaller and smaller. There were no sounds. All was still and peaceful. Then nothing….’

Britain has challenged the EU rule which says that bankers may not receive a bonus in excess of 100% of their salary. It has lost the first round but the legal process is not over. The government’s argument is the familiar one that if it has to apply this rule all the bankers will leave Europe and especially Britain, where London is the number one den for bankers in the world.

This is where our economy is so badly adrift and why the economic cake is now so biased towards the top that eventually if it is unchecked, it will lead to social upheaval and economic collapse. This is not a matter of opinion; it is a mathematical certainty. Therefore a measure to drive the bankers from our shores is a good, not a bad, thing.

Of course it would require the government of the day to set up an economy based upon productive manufacturing to feed consumer demand, affordable housing and energy and a reliance on investment rather than borrowing. Unfortunately such a remodelling is way beyond the capacity of either the current generation of politicians or Whitehall’s mandarins.