Labour's idiocies when it comes to money
The foolish Chancellor on the run to Thatcher's common sense taking over in 1979 was Denis Healey. He was a clever man and had been beachmaster at Anzio. But he had to play the socialist bloody fool with, believe it or not, a top rate of income tax of 98%. In or about 1985 I met Sir Leo Pliatsky at a party. He had retired having been permanent secretary at HM Treasury. I enquired as to whether Healey had believed all this socialist drivel. Undoubtedly came the reply. Burnham
12 hours ago1 min read
Jersey Oil and Gas
It is often a mistake to count one's chickens. But it seems that Burnham has finally overriden the zealot Miliband. As a result it is Tally Ho and all go. Surely, the price does not stop at 130p (its resting place at yesterday's close).
13 hours ago1 min read
Fundamental change
The cost of launching cargo into space is falling faster than shipping costs did during the 19th-century steamship revolution. Cambridge researchers predict that launch costs could fall by more than 90% by 2040, paving the way for a space economy producing food, fuel and infrastructure in orbit.
3 days ago1 min read
The next James Bond should be Prince George
After all, he looked suave in the royal box at Wimbledon, can drive an Aston Martin and, at the current rate, it will take another ten years before the film is made.
4 days ago1 min read
VAST vast waste of cash?
VAST had a huge and really profitable diamond mine in Zimbabwe. Then Mugabe came along and stole the lot. However, eventually, VAST got some of its stock of uncut diamonds back and shipper them out to Dubai a year ago pending achieving a respectable price. Unfortunately the selling price for diamonds has generally collapsed - vide De Beers closing their major mine in South Africa. I do not know what this means for VAST but it is not encouraging stuff. VAST remains suspended a
5 days ago1 min read
Farage cash
I doubt if I have missed anything but obviously recognise that I cannot know everything. However, astonishingly, there is still no evidence that Farage has behaved improperly let alone unlawfully. Today's Times says 6 out of ten (readers? morons? Farage fans? God alone knows) reckon that Farage has broken a law somewhere.
6 days ago1 min read
Making Tax Digital (MTD)
Turned up again in yesterday's BBC Radio 4 Money box. It is obviously failing after taxpayers have spent a lot of their personal money and time achieving all too predictably less than nothing. Stand by for the retreat from lunacy compelled by HMG.
7 days ago1 min read
