Enough is enough: £26,000 p.a. is enough

Iain Duncan-Smith is taking an awful lot of flak from bishops, the liberal media elite and hand-wringing Liberals, such as Paddy Ashdown, about his plans to cap benefits at the median take-home wage of working families – £26,000 per year.  Why have we become trapped by this materialistic concept of child poverty, itself a remnant of [...]

A Prescription for the NHS: The Emperor has no clothes!

The NHS has just announced that an astonishing £11.8 billion has been wasted on the National Project for IT – otherwise known as the failed attempt to computerise medical records.  In addition, it has suddenly been ‘realised’ by NHS Trusts all over the country that their fantastic PFI deals are actually crap and unaffordable.  How can [...]

Fox and Osborne battle over Trident costs while MOD burns cash

Liam Fox, Defence Secretary, and George Osborne, Chancellor of the Exchequer, are locked in a fight.  Each wants the other to pay the £20 billion cost, over ten years, of buying a replacement for the Trident nuclear deterrent.  Fox looks like he lost yesterday, after Osborne publicly rebuked him, telling Bloomberg:

The Trident costs, I have made [...]

NHS Money Pit: It's cash that counts

David Kerr, Professor of Cancer Medicine at Oxford, writes a thoughtful, if conventional, article in today’s Telegraph prescribing yet more incremental NHS reform.  Quite rightly, Kerr acknowledges that the days of pouring money into the NHS Money Pit cannot continue given that, living as we do on Fiscal Fantasy Island, the UK has run out of money.

Though [...]

It's no Woss

Jonathan Ross’ agent has announced he won’t be seeking to renegotiate his contract with the BBC. Although Ross claimed his decision was ‘not financially motivated’ this is an important lesson for all senior managers who often accept without question what remuneration consultants tell them: if you pay an employee you value a ridiculous £18 million over [...]

Gordon Brown on Fiscal Fantasy Island: Fraudster Madoff with the cash of hardworking families

Fraudster Madoff

Bernie Madoff was today sentenced to 150 years in prison for defrauding thousands of innocent victims. When his Ponzi scheme was rendered unsustainable by the financial crisis, the exposed Madoff admitted his guilt and stated he was too ashamed even to seek his victims’ forgiveness.

Gordon Brown

Yet Madoff’s theft of £40 billion ($65 billion) over [...]

Government defeats motion to hold Iraq War Inquiry in public 'whenever possible'

Hard to see the idea of holding an inquiry in public ‘whenever possible’ as undesirable, isn’t it?

Unless of course, the war was started by your party contrary to your party’s and public opinion. And if the British public was misled about the intelligence justification, purpose and legality of the war. And if the war was a [...]

Can we believe the NHS's management ratios?

An extremely well-informed source within a leading NHS trust has spilt the beans to cantankerous on how NHS trusts, and the NHS in general, have managed to hide the fact that the number of managers in the NHS has been growing out of control.

Here is how the statistics are manipulated: when compiling the number of administrators [...]

Waster of the Month – June 2009 – Lord Karan Bilimoria

Cobra Beer tastes bitter to unsecured creditors [...]

Sorry Nadine, the Prime Ministers were right

Nadine Dorries get hysterical about the public exposure of MPs expenses. Prime Ministers have understood the public mood all too well. Mass suicide is only likely if Brown calls a snap general election. [...]