Category: Politics & business

Regulations are there for guidance not to place blame

What an inspiring man this Bernard Jordan. Aged 89 he left his nursing home and went to France to join the D’Day celebrations. As it turns out, the 70th anniversary of this event was also going to be the last…

Crowdfunding: The FCA acts.

Crowd Sourcing has been defined as representing the act of a company or institution taking a function once performed by employees and out-sourcing it to an undefined network of people in the form of an open call. Crowdfunding is outsourced finance. The…

The Bull Market begins to stampede

The usual way to determine if a Bull Market is happening is to watch the headlines in the financial pages of the ‘Daily Mail’. When they proclaim “The Good Times are here”, this is a reliable sign that the next…

The Times they are a’Changin’

Bob Dylan wrote his protest song in 1963 mainly, but not solely, about civil rights. “The order is rapidly fadin’ And the first one now Will later be last The Times they are a’Changin’” A national newspaper (by co-incidence ‘The…

The Chancellor fails the Hamlet test

There is nobody in the financial world who does not know that Polonius said to Hamlet: “Neither a borrower nor a lender be; For loan oft loses both itself and friend, And borrowing dulls the edge of husbandry.” They are…

The exposure of regulatory reality

A book publisher has managed, almost single handed, to expose the weakness of modern regulatory systems. I have continuously argued over the last four years that the demise of PLUS Markets and the FSA’s (FCA’s) decision to allow ICAP to…

Abenomics aka ‘How to impress your dinner guests.’

Here is my Christmas present to you all. A quick guide to a subject that will make your dinner guests think you are an intellectual giant. Abenomics – economic policies which mean printing money without anybody realising you are doing…

Cameron is wildly wrong on migrant workers

The Prime Minister seems to be completely losing the plot on the issue of the European Union and curbs on migration. In doing so he is badly damaging the reputation of this country. He is threatening to veto admission of…

Immigration: look either East or West!

You will have an opinion on the issue of immigration. I am sure you are aware that as a member of the EU the UK is legally obliged to operate an open border policy. There are huge problems across Europe…

Immigration: look either East or West!

You will have an opinion on the issue of immigration. I am sure you are aware that as a member of the EU the UK is legally obliged to operate an open border policy. There are huge problems across Europe…