January 16, 2018


The real costs of NHS contracting out -

Sunday, November 26, 2017

The Magic Money Tree -

Saturday, November 4, 2017

The Housing Wonderland by Ian Lewis -

Saturday, October 7, 2017

Will STPs finally wreck the NHS? -

Sunday, June 18, 2017

STPs – A new way to wreck the NHS -

Friday, February 17, 2017

Who’s Banking on Carney?

“It is true, we have the only banks in the western world that are not looking at bailouts or anything like that.”  Stephen Harper, Canadian Prime Minister, 23rd February 2009.1 Mark Carney’s appointment as the new Governor of the Bank of England (BOE) was, we have been told, based mainly on how successful he has been as the Governor of the Bank of Canada (Canada’s central bank). He had navigated the Canadian economy through the choppy waters of the financial crisis and central to his success has been the claim that no Canadian banks had needed to be bailed out….

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PFI – A disaster waiting to happen

Gordon ‘Prudence’ Brown convinced himself that the City loved him because he kept Government debt to less than 40% of GDP. If they did love him – and he desperately wanted to be loved – it was because the City made oodles of money with him as Chancellor, and later as Prime Minister. And the Private Finance Initiative (PFI) was a nice little earner. To keep Government debt low, Brown used PFI to fund the building of hospitals, schools and infrastructure. If the Government had borrowed the money at a cheaper rate (and Governments can always borrow cheaper than the…

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A Solution to Thatcher’s Housing Legacy

Mortgages are hard to get, rents keep rising, and being a landlord is becoming even more attractive to those with capital. Sixty per cent of Housing Benefit recipients are in work, as are all recipients of Tax Credits, and both these schemes look like a subsidy to employers for paying low wages. However, most of these subsidies end up in the pockets of the landlords!! It is not the first time that wages have been subsidised – and failed to solve the imagined problem. The Speenham Land System, introduced in 1795, allowed the Speenham Parish in Berkshire to subsidise the…

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