7 Principles

Individual Freedom

Personal and Family Responsibility

The Rule of Law

Limited Government

Free Market Economy

National Parliamentary Democracy

Strong National Defences

Currently viewing the tag: "Financial Services Authority"

Risk: the Chinese conundrum

On June 22, 2012 By

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 →

“Financial Regulatory chaos threatens the UK’s recovery.”

On May 8, 2012 By

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 [...]

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