Archive: June, 2011

RBS and Lloyds share giveaway: good idea or just plain bonkers?

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Last week Nick Clegg put his political weight behind a plan to hand Government shares in RBS and Lloyds Banking Group (LBG) back to taxpayers. The ink was barely dry on his letter to George Osborne before politicians, the city and others began wading in to denounce the idea. “Preposterous”, “gimmicky” and “populist” they called…

Greece: Any hope of a happy ending?

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Already Greek debts amount to €340 billion (£302 billion). With the first rescue package of €110 billion (£97.9 billion) running out, and a second bail-out of €120 billion (£106.8 billion) as well as a €12 billion (£10.6 billion) emergency fund dependent on whether or not Greece can pass more draconian austerity measures, at what cost…

Do prisoners have the right to invest?

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Reading The Daily Telegraph the other day I stumbled upon an interesting story. It was about a convicted murderer who was appealing against his Governor’s decision to ban him from buying Premium Bonds. “Too right” was my initial reaction. After all, why should prisoners be able to accumulate wealth whilst being held at Her Majesty’s…

It’s not easy being green

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While little good will usually ever come from an environmental disaster, the sad reality is that events like those seen in the Gulf of Mexico last year and Fukushima a few months ago are likely to advance the green movement faster than if nothing had happened. Unfortunately, getting the ethical message across is far easier…