December 1st, 2008

Bad News, Good News

With a load of economic data out this morning the pound is off 1% against the euro, the Purchasing Managers Index is down sharply, mortgage lending is down 70% year on year, credit card borrowing is up, PWC have research out saying Briton’s are now personally £1.5 trillion in debt – yet Gordon wants them to spend, spend, spend more.

It is not all bad news though, Guido is short the FTSE….




Polly’s Voodoo Polling | UK Polling Report
Labour SpAd Backs the Bill | Mark Wallace
Guido Goes for the Lobby | Press Gazette
Argentina has No Claim to the Falklands | George Grant
Why Is Sarah Teather Still in the Government? | Mail
Guido Fawkes “Out Ran Lawyers” | BBC
Ed Wins PMQs in TV Blackout | The Commentator
Sky Twitter Madness | Guardian
The Case for US Support for Israeli Raid on Iran | Niall Ferguson
Liberal Leftovers | Liberal Vision
Bad Week for the Guardian | Harry Cole

Previously Seen


Peter Botting


John Higginson of the Metro explains Quantitative Easing:

“There is £100 and 100 loaves of bread costing £1 each. QE creates another £100. Each loaf now costs £2.”



DisgustedOfMitcham2 says:

Maybe if they really wanted to “decontaminate the Labour brand” with business people, they shouldn’t have totally buggered up the economy?

Just a thought.


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