Backbone of Rock

The UK government has bitten the bullet and cut its losses on Northern Rock and sold it to the private sector where it belongs.

It is this sort of decisive action the leaders of Europe need to make to halt the slide of the EU into the economic abyss, but sadly there is no sign of the necessary backbone.

Clem Chambers,
chief executive, financial markets website


German lessons

With youth unemployment now at more than 1m, should we look to introduce the German version of apprenticeships? They teach a very wide range of trades, from bike mechanic to shoe-maker, through a mixture of classroom and practical training. It results in a highly skilled and motivated workforce. This would be better than a growing number going to university, many of whom then find it hard to get jobs.

Ian Fraser