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Today’s Blog

It is rare that I come to the defence of a Bank. Poor Barclays has been used by the Government as whipping boys to show how macho they are with regard to the retrospective tax law change. First, tax avoidance is legal. Second, the person or people who should be held...

Today’s Blog

As the new proposed legislation goes through Parliament to change the FSA and the current financial services regulatory framework I hope the legislation make the following points crystal clear:rn1. The New organisations are responsible for the Financial Services...

Liquidity Trap

“Liquidity Trap” means different things to different people. The Financial Times published an insightful article on 25th January 2012 by Gavyn Davies, which can be found at http://www.ft.com/cms/s/0/343c763e-45a8-11e1-acc9-00144feabdc0.htmlrnand is worth reading in...