December 6th, 2007

No Boom. Just Bust.

The latest insolvency figures are out. Gordon has certainly put an end to the boom, just not so sure about the bust. Is it a prudent moment to put £30 billion of public money into Northern Rock’s mortgage risk as property prices turn down?

Today’s Bank of England interest rate cut is a vote of no confidence in the economy…







Parliamentary Standards Commissioner John Lyon said of LibDem MPs…

“The effect of members not making over these payments to the House was to put their private interest above their public interest, contrary to the Code of Conduct for Members of Parliament.”



+ Crude (June)
As of 16 Mar 2010
-Gilts (Mar)
As of 26 Feb 2010
Flat – No Positions
As of 23 Feb 2010 +30.81%

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