Barclays Shares Down 25%

Most of the losses occurred in the last hour of trading. The City is awash with rumours as to why. With the Treasury looking at a second round of bank bail-outs it looks like the taxpayer is going to need a lot of lube for another big shafting. Admittedly it could just be an old-fashioned bear ambush now shorting financial stocks is permitted again…

*Guido covered his gilt short anyway, when fear grips the markets government bonds tend to rally. Will short gilts again later…

Friday Caption Competition

If They Have Nothing to Hide, They Have Nothing to Fear

Whatever your views as to the rights and wrongs of another runway at Heathrow, Guido can see no reason why it should not be discussed in parliament. John McDonnell’s constituency will be blighted by the project, schools will be closed, green acres will be lost, homes will be demolished.

These pictures of McDonnell picking up the mace were not originally* broadcast and have come out from the raw video feed – much to the annoyance of the parliamentary authorities. Why the parliamentary authorities think it is up to them to censor what the people see going on in their parliament is beyond Guido. They work for you, the workings of parliament are not for them to reveal when they choose, it is the right of the people in a democracy to see into the democratic forum. An open democracy does not hide its workings from the voters.

Elsewhere the parliamentary authorities are suppressing full disclosure of MPs expenses. Jacqui Smith has (without reference to parliament) given herself the right to read Guido’s email without a warrant, yet MPs in contrast are changing the Freedom of Information laws to allow them to obscure our view of their petty fiddles. There is no other credible explanation. They claim that it would be too expensive to account for all expenditure – try putting that on your tax return. Some MPs are taking it upon themselves to voluntarily publish ALL their expenses, some will not, draw your own conclusions. If they have done nothing wrong, they have nothing to hide…

*Guido stands corrected. It appears that the BBC has (online at least) put the video up. There was a row yersterday because under the terms of the contract drawn up by MPs the BBC is not supposed to broadcast this type of disruption.


Tip offs: 0709 284 0531
team@Order-order.com

Quote of the Day

Labour MP Jamie Reed:

“I apologise to every man, woman and child in this country who needs a Labour government.”

Top Posts This Week

Guidogram: Sign up

Subscribe to the most succinct 7 days a week daily email read by thousands of Westminster insiders.

Facebook

£500,000 EXPENSES FRAUDSTER MEP JAILED £500,000 EXPENSES FRAUDSTER MEP JAILED
SEUMAS MILNE PRAISES HAMAS SEUMAS MILNE PRAISES HAMAS
ALLEGED GRANNY BASHER MP IN COURT TODAY ALLEGED GRANNY BASHER MP IN COURT TODAY
CORBYN AGREES BBC ARE “ZIONIST LIARS” CORBYN AGREES BBC ARE “ZIONIST LIARS”
LABOUR IN CRISIS LABOUR IN CRISIS
KHAN ON KEN, KEN ON KHAN KHAN ON KEN, KEN ON KHAN
CORBYN’S CALLAGHAN MOMENT CORBYN’S CALLAGHAN MOMENT
BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS BERNARD JENKIN ACCUSES NO. 10 OF CASH FOR QUESTIONS
JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE” JOHN MANN TELLS KEN “YOU’RE A F**KING DISGRACE”
KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM KHAN CAMPAIGNED FOR NAZ SHAH, DEFENDED KEN ON ANTI-SEMITISM
KEN: “HITLER WAS SUPPORTING ZIONISM” KEN: “HITLER WAS SUPPORTING ZIONISM”
NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM NEUBERGER AND LEVY ON LABOUR’S ANTI-SEMITISM
RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM RUPA HUQ DEFENDS NAZ SHAH’S ANTI-SEMITISM
Carly Fiorina Sings Lullaby Carly Fiorina Sings Lullaby
BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW” BRADFORD COUNCILLOR POSTED GOEBBELS NAZI FILM “THE ETERNAL JEW”
NAZ SHAH SUSPENDED BY LABOUR NAZ SHAH SUSPENDED BY LABOUR
Naz Shah’s Pro-Hamas Tweets Naz Shah’s Pro-Hamas Tweets
FARAGE RESPONDS TO “PONCEY” JIBE FARAGE RESPONDS TO “PONCEY” JIBE
PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP PM: “EXTRAORDINARY” NAZ SHAH STILL HAS LABOUR WHIP
SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH SHADOW CABINET SPLIT: LISA NANDY TELLS CORBYN TO SACK NAZ SHAH
TREASURY CAN PREDICT FUTURE TO 2030, CAN’T WORK OUT COST OF BREXIT REPORT TREASURY CAN PREDICT FUTURE TO 2030, CAN’T WORK OUT COST OF BREXIT REPORT
NAZ SHAH EMPLOYED “ZIO”-HATER AS TAXPAYER-FUNDED AIDE NAZ SHAH EMPLOYED “ZIO”-HATER AS TAXPAYER-FUNDED AIDE
NAZ SHAH RUNS CHARITY WITH ANTI-SEMITIC LABOUR COUNCILLOR NAZ SHAH RUNS CHARITY WITH ANTI-SEMITIC LABOUR COUNCILLOR
FRANK FIELD’S LEFT-WING CASE FOR BREXIT FRANK FIELD’S LEFT-WING CASE FOR BREXIT
NAZ SHAH COMPARED ISRAELIS TO HITLER NAZ SHAH COMPARED ISRAELIS TO HITLER
FREE ADVERTISING WORTH £135,000-A-WEEK FOR REMAIN CAMPAIGN FREE ADVERTISING WORTH £135,000-A-WEEK FOR REMAIN CAMPAIGN
NAZ SHAH RESIGNS AS JOHN MCDONNELL’S PPS NAZ SHAH RESIGNS AS JOHN MCDONNELL’S PPS
BBC DID REVEAL HILLSBOROUGH VERDICT YESTERDAY BBC DID REVEAL HILLSBOROUGH VERDICT YESTERDAY
NAZ SHAH: “THE JEWS ARE RALLYING” NAZ SHAH: “THE JEWS ARE RALLYING”
JUNIOR DOCTORS: IT’S ALL ABOUT THE MONEY JUNIOR DOCTORS: IT’S ALL ABOUT THE MONEY