The Wikipedia definition of risk is helpfully succinct:
“Risk is the potential that a chosen action or activity (including the choice of inaction) will lead to a loss (an undesirable outcome).”
The financial services industry is being torn apart by a regulator which is determined to eradicate risk. The Continue Reading →
There is an oft-quoted Scottish proverb which might have been on the mind of the Governor of the Bank of England during this last week: “Confession Is Good For The Soul.”
Sir Mervyn King used the first radio talk by a Governor of the Bank of England in peacetime for more than 70 years to [...]
Continue Reading →The Governor of the Bank of England has warned that inflation could rise higher if workers demand pay increases. The story continues:
"His warning came in a letter to George Osborne, the Chancellor, as the Bank unveiled a sharp rise in inflation, taking some economists by surprise.
[...]
Continue Reading →Image via Wikipedia
The Bank of England has kept interest rates at just 0.5pc, where they have been since March 2009. Quantitative easing was also unchanged at £200bn, despite increasing concern about high rates of inflation. So the Keynesian economics continues, despite the fact [...]
Continue Reading →Image by Sokwanele – Zimbabwe via Flickr
Channel 4 recently aired an excellent hour-long program called Britain’s Trillion-Pound Horror Story, discussing the state of the British economy. It revealed the true scale of the debt, explained how we got into this situation [...]
Continue Reading →Search
Archive
Events
- The 6th McWhirter Lecture with Michael James Nazir-Ali, 106th Bishop of Rochester on September 12, 2013 6:30 pm
- Conservative Renewal Conference on September 14, 2013
- The Freedom Zone on September 30, 2013
- The Freedom Zone on October 1, 2013
- Christmas Lunch in the Cotswolds on December 7, 2013 12:30 pm
Join the Mailing List
Blogroll
- Archbishop Cranmer
- Better Off Out
- Big Brother Watch
- Conservative Home
- Crash Bang Wallace
- Daniel Hannan's Telegraph Blog
- Godfrey Bloom
- Hands Off Our Packs
- Institute for Economic Affairs
- John Petley's Blog
- Liberty League
- Right Angle
- Roger Helmer MEP
- Simon Richards' Daily Mail Blog
- Talk Carswell
- The Adam Smith Institute
- The People's Pledge
- The TaxPayers' Alliance
- Young Britons' Foundation









