Today’s Blog

I was absolutely furious when I read this article http://www.moneymarketing.co.uk/regulation/fsa-shelves-individual-loan-broker-registration/1046290.article what has caused the delay in registering mortgage brokers and who is responsible for this failure? So much for...

In Praise of the FSA

I am delighted that the FSA is taking dishonourable and dishonest people to task. If the FSA can prove the allegations made in the following article http://www.moneymarketing.co.uk/investments/fsa-to-ban-and-fine-ex-hedge-fund-boss-%C2%A33m/1052171.article I hope it...

The Chinese Economy

I am a sceptic on the Chinese economy. I think there is a lot of hidden bad debt and the Government could not tolerate a low or even negative growth rate as demonstrated in this article http://www.bbc.co.uk/news/business-18068430 If Governor Romney wins the US...

Today’s Blog

I could not disagree more with the Report written by the Cass Business School and National Association of Pension Funds mentioned in the following article...

Today’s Blog

The following article is interesting about Non-Doms http://www.moneymarketing.co.uk/offshore/non-dom-numbers-down-16/1048188.article the interesting point which is missed is what is the impact upon employment and the impact on expenditure in the economy. I would not...

Reflections on Northern Rock

Mr Sants has pointed out the obvious to the BBC in the following article http://www.bbc.co.uk/news/business-18419434. Of course there were many other ways Northern Rock’s fall could have been averted or mitigated. The most obvious was for the regulator to demand the...