Does Fred Goodman deserve a £650,000 a year pension? 1 Mar 2009, 9:46 pm

Maybe, had Sir Fred Goodman retired two years ago when the price of Royal Bank of Scotland share was 705p and RBS was worth £65 billion, then a £650,00 year pension might have be understandable. At that point in time he had led the bank to a successful takeover of National Westminster Bank and pleased [...]

Step aside Prime Minister. The President will save the World 26 Jan 2009, 3:04 pm

Gordon Brown believes he may have saved the world last November with his global anti-recession package but it is time for him to step aside, and play Robin to Obama’s Batman to finish the job. [Sorry Gordon, it is back to being number two, which is where you perform best] Let’s look at Obama’s plan [...]

It’s Official: The UK is in recession (and it’s a deep one) 23 Jan 2009, 1:05 pm

GDP falls steeply by 1.5% With today’s figures indicating that the Gross Domestic Product fell by 1.5% over the last three months coupled with the previous quarter’s drop of 0.6% meant that the UK is finally officially in recession after two quarters of negative growth. Here is the breakdown Construction output – down by 1.1 [...]