It's trade or bust for Britain
(Says, BBC Business
editor, Robert Peston)
Brief
Comment
This essay
by Robert Peston should be read by every household in Britain in order to
appreciate how out-of-balance our economy is and how uncertain the future is. I
keep on hammering the ‘gospel’ that the rise of China has changed all known
axioms about the Wealth of Nations.
Chancellor Osborne is right in cutting spending and diverting the savings into
new house building.
 |
BBC
director general Tony Hall 'confident'
about
the future
Brief Comment
The BBC, like
our Monarch is a name that opens doors all over the world, rich in goodwill and
accepted without question. But in a fast changing world, to remain ‘confident’
about the future, in the words of new D-G, Lord Hall, the BBC must explore all
eventualities, including self-financing in the long-run. Adopt forward-thinking
models like Tesco and Primark.
 |
M4 relief road: Chancellor
'to approve toll plan'
Brief
Comment
If the
success of the Millennium stadium in Cardiff in terms of costs and revenue can
be replicated in this proposed M4 Relief road, then it will be a viable
project. Otherwise the government may be better advised to wait to see how the
economy improves before allowing the Welsh government to commit itself to more
borrowings. Will private investors contribute?
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