Going to hit you again with another Libor tale of woe….It all seems plenty complicated but I have been trying to make some sense of it….so here is my very basic take on it….and a quick summary …Labour is lying, and the BBC, at least in many areas are not doing the homework or are deliberately downplaying Labour’s role in this…with some exceptions. It is a curious thing but either … Continue reading →

The Victoria Derbyshire show   (45 mins) finally admitted that there maybe some suggestion that both the Bank of England and the Labour Party may have had some involvement in fixing the Libor. Well no I tell a lie…they raised the matter only to conclude as soon as they could that Labour were in no way involved…Jonty Bloom came on to dismiss all allegations and assure us that Diamond was merely trying … Continue reading →

Yesterday the BBC reported on the recommendations in a report into child abuse of those in children’s homes by sex gangs.　 This is what the BBC reported: A working group will consider why some local authorities send children to homes outside their own borough whether such placements can meet children’s needs how well the quality of care is monitored whether areas such as Rochdale where there are high concentrations of … Continue reading →

Dennis McShane has managed to evade having his collar felt by the boys in blue for claiming £125,000 for a garden shed…sorry, ‘office’,  says Guido.                   Guido also says McShane employed his own brother, Edmund Matyjaszek as an interpreter. I have never looked at McShane’s background in detail before but reading that on Guido a lot became very clear….along with a quick look … Continue reading →

Well, I see the BBC have appointed a new Director General, on about half the salary Thompson was on, but still more than twice what the Prime Minister earns! Lucky we don’t have a recession on….hang on a moment… George Entwistle, the BBC executive in charge of the coverage of the Queen’s diamond jubilee, has been named as director general of the corporation, beating competition from Ofcom chief Ed Richards … Continue reading →

Compare this from the Daily Mail: ‘New French President Francois Hollande – elected on an anti-austerity platform – was yesterday told ‘unprecedented’ cuts were needed to plug a gaping hole in the country’s budget. France’s accounting watchdog warned the government needs to find £35billion in savings over the next two years to drag it out of the ‘danger zone’. Didier Migaud, head of the country’s Cour des Comptes audit body, … Continue reading →

  The BBC tells us this: ‘Documents seen by the BBC on Monday indicate ministers in the last Labour government held discussions with banks about policies which would allow the Libor rate to fall. Speculation about how much the government of the day knew prompted a statement on Tuesday evening from former Labour minister Baroness Vadera of Holland Park. She said she “has no recollection of speaking to Paul Tucker … Continue reading →