Should the EU really be run like the banks?

The usually rational Howard Davies suggests in today’s FT that EU Commissioners should be chosen the same way major businesses choose their leaders. So, that means no women, an emphasis on management guff rather than results, and ever increasing salaries in the hope that mutual back scratching will result in the winners rewarding the people [...]

Do Cameron and Osborne disagree on the public finances?

In a Parliamentary debate today George Osborne was pretty clear on the Tory plans for the deficit.  He would make a “really significant reduction” in the deficit in the life of one parliament even if that meant causing “pain”.  He also rejected the idea of cutting taxes in order to encourage growth when pressed on this [...]

Recession report #13: Moving towards a fragile recovery

Read the TUC Recession Report for November 2009
Today we publish our 13th recession report, which considers the latest ONS labour market release. There is definitely some good news, with the overall figures showing either a pause in recent employment falls or the possible start of a recovery in employment levels.
However, there are several factors which [...]

Where will I go, the sea is rising

Three years ago, my daughter Aleena wrote this poem:
Where will I go, the sea is rising
Where will the animals go, the sea is rising
Where is the beach, the sea is everywhere
Where is the playground, beneath the water
What will I do
What can you do
What can be done
Stop burning rubbish
Stop using plastic bags
Stop greenhouse gases
Recycle, reuse, rethink, [...]

Walker Review: The champagne corks are popping already

David Walker’s review of  Corporate Governance in the UK Banking Industry is published today. While some of its proposals are an advance, the review comes across as the financial establishment putting forward the minimum proposals they think will head off root and branch reform so they can get back to business as usual. The City [...]

World Bank says school dinner ladies are vital to ending world hunger

Stop giggling at the back! It’s true. In yet another moment of revelation, the World Bank has realised that school meals are vital to ending world hunger – especially for children of course. A new report issued together with the World Food Programme says that delivering food aid through schools is vital. And, of course, [...]

Web links for 25th November 2009

BBC – Peston’s Picks: Why did Bank of England keep shtoom?
Robert Peston wonders whether it was right for the Bank of England to keep its loans to HBOS and RBS secret for so long

Plans to re-privatise East Coast line published – and more questions over National Express routes

Just days after the East Coast rail service passed back into public hands, the Government has published plans for re-privatising the route, with the process getting underway next year.  More worrying still, the announcement suggests that c2c, one of the other routes operated by National Express, will be allowed to run its course and then re-let according [...]

To tackle child poverty we must also address inequality

Britain is the sixth richest country in the world yet around 30% of our children (over 4 million) live in poverty; in a report released by UNICEF in 2007 Britain came 21st out of 21 of the world’s richest countries in terms of child wellbeing. If we are to take seriously the issues of child [...]

Web links for 24th November 2009

Investment: the missing debate
Duncan Weldon is worried about the collapse in investment

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