They Blog For You

               On Monday 11th April we will hear or read the preliminary conclusions of the Vickers Report into banking. A lot is riding on a successful outcome to this important Inquiry.               Politically John Vickers has to say enough to persuade people he understands the anger many feel about the conduct [...]

I set off last Sunday afternoon for a three day visit to Washington and New York. My main purpose in going to Washington was to talk to people in the Obama administration and in Congress about the Balkans (the USA maintains a strong interest in countries like Bosnia & Herzegovina, [...]

For the third time in a row – Greece, Ireland and now Portugal – the continuing Eurozone crisis is being handled badly.   A Portuguese bail-out will shortly be arranged among the EU countries, but in practice dominated by the conditions laid down by the most powerful country, Germany.   This [...]

                 First we are told that providing a new loan to Greece, or Ireland, or Portugal, creates a line in the sand, prevents the contagion spreading. As each sucessive loan demand showed, that did not work. The incoming tide of debt erased the lines. The contagion spread. The mixed metaphors [...]

“Absolutely no bilateral bailout” was the Treasury spin 24 hours ago.  Now, it’s all about how we’re “not writing Portugal a cheque”. Choice words, and technically true.  Next perhaps we’ll be spun a line that this is all just “contingent liability”, as if the £2 – 4 Billion at stake [...]

Treasury officials and advisers are “out of their depth” when it comes to handling the Euro crisis, suggests Peter Oborne.  Apparently, despite all the warning signs for months, none of the top officials have seriously thought through what we might do in the event of one or more member states [...]

I am told that there is a new welcome emphasis on the public’s views at Downing Street. They are taking polling more seriously. It was worries by the public about the Health reforms that lies behind the recent decision to consult again and if necessary to change the plans. I trust [...]

Five months ago, I forecast that default within some Eurozone countries was going to happen.  Indeed, I suggested Britain ought to encourage certain countries to default - and decouple from the Euro - rather than piling up and parcelling out yet more debt.  How did I come to such a view?  With debts rising [...]

Greece, Ireland, now Portugal ....  Another bailout of the Euro dressed up as a rescue.  Another high interest loan pressed upon European taxpayers, as if that might solve the problem of excessive debt. Over the past year, we have been struggling to save a total of [...]

The British public debate is schizophrenic when it comes to excellence, and its ally, selection. Most socialists want the most stringent tests and selection to ensure the leading football and athletics teams in the country only contain the best sports people. They encourage vigorous selection, promotion on merit, tough training [...]

KEVIN Brennan MP, is urging businessmen and women in Cardiff West to come forward and demonstrate their entrepeneurial ideas in a bid to scoop a £50,000 prize.The competition is open to existing businesses as well as those who simply have a fantastic new idea and the winner will not [...]

A number of local people have contacted me about Hugh Fearnley Whittingstall’s ‘Fish Fight Campaign’, and so I thought it would be a good idea to set out my thoughts on the matter here. Throwing dead fish back into the sea is a terrible waste.  It is disruptive to marine ecosystems [...]

In all the discussions about the NHS it does appear that one thing is clear. We need to avoid the NHS being subject to EU Competition Law. This is the argument I have been putting. The danger is that commissioners are forced to accept tenders that they [...]

The political elite in SW1 are out of touch with the public on law and order, according to the Sunday Telegraph.  In a poll commissioned by Lord Ashcroft, 47 percent of voters think that no party has the right approach. [...]

               Readers will know I am against the UK lending any money to Euro member states in trouble. We kept out of the Euro thanks to some of us arguing that case. Some of us  forecast the likely problems and do not see why the UK should pick up any of [...]

                        As a critic of the regulators in 2006-7 I said the banks should be made to hold more capital. In those days they were too heavily geared. The banks were allowed to lend far too much money with far too little capital to pay the losses if some of the [...]

"All too often in government the really important decisions slip past you without you realising it, and the true significance of what you have done only dawns on you when it is too late" - Jonathan Powell in The New Machiavelli.Is that what happened with the Euro bailouts? In [...]

One of the perils of politicians is that no sooner have they made a grand pronouncement on the sweep of history, as they perceive it, than events immediately conspire to prove that they had totally misread the runes and that the opposite is true.   That seems the fate of David Miliband [...]

                  Based on doorstep conversations recently, and visits to speak to Conservative Associations, I encounter the following attitudes. Many Conservatives now see the Coaliti0n government as heavily Lib Dem influenced. They tell me they want changes in policy, to reflect the poor financial condition of the country and the preponderance [...]

Another week, another transfer of power to Brussels. Today the House of Commons takes note of approves the "start of a new cycle of economic governance in the European Union .... designed to apply to the EU as a [...]