In the newspapers again we are told that the banks have ‘no excuse’ not to lend. Isn’t this puzzling? Banks are commercial organisations. It is in their interest to lend money to profitable companies. Banks want to lend like a baker
When it comes to blowing vast quantities of other people’s money, no-one can beat the Statist left. So it was entirely appropriate to entrust the Olympic opening jamboree to the miserable northern socialist Danny Boyle. He kicked off with apple-cheeked villagers
If fixing interest rates is illegal, why haven't they arrested Mervyn King?
A small number of rogue bank employees have been discovered trying to influence interest rates. David Cameron and the rest of our political class line up to hurl vile abuse at them. If ‘fixing’ interest rates is a crime, it is a crime which our
The Wickedness of Archbishop Williams
The Archbishop of Canterbury is writing a book in which he lambasts the government for shrinking the State. In its current ‘shrunken’ form, the state accounts for around half of the UK economy. This is evidently sinful. It should be bigger,