WHILE all attention has been focused on rising energy bills, Britain’s water industry is facing its own troubles – with its recent history characterised by drought orders, hosepipe bans, and tariff hikes.
HERE’S a Halloween horror story for you. One of America’s top experts on disease control has just announced that we are now in the post-antibiotic era.
WHEN the British public voted in the European referendum 40 years ago, they were told they were voting to remain part of a Common Market.
[Re: Why the rest of the UK is failing to keep up with London’s explosive growth, Wednesday]
RECENT revelations that the US government spied on 35 world leaders inspired Gallic outrage, German sulking, and stony British silence.
BARELY a day goes by without a government attack on the private sector. Yesterday saw the publication of a report proposing charge capping for pension funds.
IS THIS the end of 300 years of press freedom? Yesterday, the Privy Council – a cabal of government ministers – asked the Queen to rubber-stamp its plans to underpin a new press regulator by statute and Royal Charter.
[Re: After MPs grilled energy company executives, have select committees become show trials?, yesterday]
INVESTORS have long enjoyed a love/hate relationship with property. An asset class dominated by commercial real estate, it delivers diversification and a reasonable yield in the good times.
BRITAIN’s economic recovery is now firmly established. Output in the services sector, the largest part of the economy, has risen above its previous peak, reached before the crash in 2008.
FIVE years on, and academics and journalists are still attempting to explain the US subprime loan crisis that, in September 2008, caused the collapse of Lehman Brothers and apparently triggered the global economic crisis.
[Re: FTSE bosses lose faith in HS2, yesterday]
ONE OF the more annoying false memes of recent years has been the notion that standard corporate finance models have not worked in or since the 2008 financial crisis, and that no orthodox economics account of that crisis has been offered.
CONSERVATIVE Party chairman Grant Shapps has placed a question mark over the BBC’s licence fee funding model.
IT USUALLY begins with Ayn Rand,” author Jerome Tuccille once wrote. He’s not wrong.
[Re: Welfare reforms rolled out in London today, yesterday]
ENERGY prices keep rising. Prime Ministers and energy ministers, past and present, all propose their own solutions, although there is little agreement on the cause of the problem.
OVER the past twelve months, we have seen the UK economy, London and the City move towards a healthier position.
AS EXPECTED, the latest GDP figures show that the UK economy grew healthily in the third quarter of this year. All the main sectors – services, manufacturing and construction – contributed to growth for the second quarter in a row.
IN WHAT seemed like a surprise U-turn, deputy Prime Minister Nick Clegg has departed from previous coalition education policy, arguing that academies must hire officially-qualified teachers and follow the national curriculum.
THERE’S something repellent about the Conservative Party’s new slogan “For Hardworking People”. I can’t agree with those critics who think it is an empty promise. It reflects the values in which David Cameron believes.
THE FINANCIAL crisis has made many question whether Western financial models can withstand future onslaughts, whether they are even fit for purpose.
[Re: The global economy sinks under its debts as the real cost of energy rises, yesterday]
ALTHOUGH the economy is improving, this is turning out to be “a recovery, but not as we know it”. Britain may be getting better off, but people keep getting poorer, as the costs of essentials continue to grow much more rapidly than incomes.
WHEN Charlie Bean, deputy governor at the Bank of England, gave his speech this week on the UK’s economic outlook, he admitted that the Old Lady was surprised with what was happening.
REAL-TIME reaction is the new currency in business and – for the most part – entrepreneurs and lean start-ups are making mincemeat out of big corporates.
[Re: EDF nuclear subsidy is a naive gamble on the future price of carbon and gas, yesterday]
RARELY have we seen a policy shrouded in so many what-ifs. The much-anticipated announcement that new French-designed atomic reactors are to finally go ahead at Hinkley Point in Somerset has been greeted with a mixture of elation and caution.
ENERGY price rises are again causing public anguish. The recent actions of some energy companies can be plausibly described as provocative, no matter how well-founded their decisions might be.
THE PHRASE “papers, please” once conjured up the image of a totalitarian dystopia, where anyone might rat out their neighbour to the government. Britons have always been allergic to this informant culture – a hallmark of the unlimited state.
[Re: Nuclear deal to cost £1bn, yesterday]
THE ARGUMENT about banks and the adequacy (or not) of their lending to small businesses has raged on for about four years.
I’VE SEEN the future and it works.” That was US journalist Lincoln Steffers’s message after visiting the Soviet Union in the 1920s. It’s worth remembering how wrong he turned out to be. Why?
SOMETIMES a minister will say something so straightforwardly ignorant, so uninformed of the history and facts of the issue, that I feel a kind of despair. A good example is Nick Clegg’s comments on schools this week.
UK tech failures
[Re: UK efforts to nurture a tech startup revolution are worryingly trivial, yesterday]
YOU MAY never have heard of it, but a European scheme, designed to achieve carbon emissions targets that have already been met, is adding billions to consumer energy bills.
WITH both George Osborne and Boris Johnson flying the flag for British business in China last week, it is worth taking stock of this increasingly important UK-Sino relationship.
IF THE government thinks investing in Silicon Roundabout is the best way for the UK to produce the next Facebook or Twitter, it’ll be waiting a long time.