January 17th, 2014

IoD Sniff at Ed’s Big Speech

Unsurprisingly business leaders weren’t impressed with Ed’s speech either. Institute of Directors boss Simon Walker has his say:

“The state has a very poor history of creating competition in banking. The last time the Government told a bank what to do, Lloyds was ordered to sell branches to Rev. Flowers, and we all know how that ended.”



  1. 1
    Spartacus says:

    they should sign up terry wogan

  2. 2
    Another die hard Tory says:

    We’ve done enough banker bashing for today

  3. 3
    Ed Twelvety Balls says:

    I can count to eleventeen!

  4. 4
    retardEd Miliband says:

    Thank God it’th Fwiday.

  5. 5
    keith Vag says:

    why aren’t I the centre of attention anymore, it should be me me me – smarme

  6. 6
    Tough Cheddar says:

  7. 7
    Jack Dromey says:

    Thank god it’s man Friday

  8. 8
    IoD says:

    25,000 burning tyres smelt better than Eds speech

  9. 9
    Tworker says:

    This has to be Ed Balls making a play to get Mrs Balls the PMs job next year.

    No one could be so fecking stupid as to let the chosen (by preferred alternative voting) one replay all Gordon the Moron’s mistakes in trying to break up the City. Look where he got us !

  10. 10
    civil engineering plant says:

    More profound political insight from James later.

    Oh, and James, it’s called a breville.

  11. 11
    BBC News headlines says:

    Obviously because Ed said so the top story today is bankers bonuses.

  12. 12
    Fred the Shred Goodwin says:

    Why give the keys back to the same people who crashed the car in the first place?

  13. 13
    RomaBob.... Beeg Issue, Beeg Issue! says:

    Moved from the Co-op Bank last month, after 40 years, bunch of idiots!

  14. 14
    Psyche the Dog says:

    Old Flower Power maybejust have been the fall guy, someones who they point a finger at he wasn’t involved day to day operations,there were other directors weren’t there?

  15. 15
    Flower power says:

  16. 16
    M102 says:

    What does that have to do with Keith Vaz….Oh.

  17. 17
    Ed Bollocks says:

    Unless it’s promoting the ‘immigration is good for the economy’ myth anything the IoD says shouldn’t be trusted.

  18. 18
    Mad, Bad & Dangerous Gordon McRuin ( Member in absentia ) says:

    Bring back Sir Victor Blank-Cheque.

  19. 19
    A Bent Penny says:

    What took you so long?

    The holier-than-thou-ness, money to the Labour Party and bullshit greenwash should have been warning enough.

  20. 20
    Anonymous says:

    He’s got a beeg issue pitch outside Lloyds now.

  21. 21
    The regulators says:

    Shhhhh. Don’t ask difficult questions.

  22. 22
    Ed Sillyband says:

    The Co-op is the future of banking.

  23. 23
    Mr Nobody says:

    You wouldn’t trust Labour to run an egg-and-spoon race, let alone one of the world’s largest and most important economies. There needs to be a cull and a rethink at the top of the party before they can be considered even remotely electable in 2020.

  24. 24
    RomaBob.... Beeg Issue, Beeg Issue! says:

    Yes, shame on me for being slow…..

  25. 25
    Glyn H says:

    Even more to the point was that Lloyds was suckered (whose chairman, CEO and directors should have been fired noisily) by that meddling malevolent sod Brown into rescuing the failed Halifax ‘bank’ after it had already busted the 300 year old BoS – after the bastard had already and foolishly and for political purposes saved the Northern Rock which should have died. THAT was political meddling of the worse sort. Using taxpayers money to save Labour seats!!

  26. 26
    Psyche the Dog says:

    Break up the City? Gordy did exactly what the City told him to do, go Maggie ever did, those guys don’t ask for anything unless it is to their advantage.

  27. 27
    Butterfly says:

    I know markets are not logical, but does the drop in the bank share prices not suggest that the markets rate Miliband’s chances of being the next PM and being in a position to carry out his threat slightly more highly than they do Dave Cameron’s chance of remaining in office?

  28. 28
    If you want to attract the best calibre of person into politics etc says:

    Can we discuss the wankers bonus or as they call it.MP’s expenses.

  29. 29
    Centre Parting says:

    Mainly Scottish labour seats….

  30. 30
    Labour goes for ineffective populist bash a banker election strategy says:

    The impact of Ed’s Speech has lasted about as long as the favourable reviews of his old boss, Brown’s, budget’s……initially an enthusiastic response and then the smnall print and realisation and within 20 minutes a total car crash….ah well better luck with the next populist non-policy .There’ll be another bandwagon along soon Ed

  31. 31
    RomaBob.... Beeg Issue, Beeg Issue! says:

    For the Labour Party…. yes.

  32. 32
    RomaBob.... Beeg Issue, Beeg Issue! says:

    Anyone seen Max Clifford recently?

  33. 33
    Displaced Brummie says:

    Reverend Flowers. Bringing a new meaning to the term “White Collar…”

  34. 34
    Jimmy says:

    Obviously losing the support of the IuD is a huge blow.

  35. 35
    The BBC supports "responsible capitalism" says:

    Even the pro- Labour BBC is finding it hard going to “spin” this as an effective policy…they’re literally sweating blood in the BBC newsroom trying to do so but even they can’t “make a silk purse out of a pig’s ear” !!

  36. 36
    Labour first ruined the pensions sector and then the country says:

    Exactly…don’t elect Labour…the bankers may have been the driver in the resultant car crash but Brown, Balls and Miliband were in charge of map reading the route to take

  37. 37
    King Alfred the Great says:

    I’ve been boned!

  38. 38
    Chris Huhne says:

    Hello ducky

  39. 39
    Gordon Brown says:

    No one’s seen me recently. Wibble.

  40. 40
    Lord Rennard says:

    Are you a young lass? Come here and let me show you my member…ship card.

  41. 41
    White Lines (Don't do it) says:

    He’s got The White Stuff.

  42. 42
    TV AM Politics says:

  43. 43
    Prudence was his middle name says:

    Brown was in a panic in 2008…another SCOTTISH bank was going to go bust so what do you do ?… you get an unexciting but safe and well funded bank to take on one with a shit loan book and then look on amazed when the whole shebang goes tits up

  44. 44
    Get the popcorn says:

  45. 45
    miss Fawkes age 6 conceived by turkey baster says:

    Funny how Guido spent so long investigating all about Chris Huhne but never discovered he was a raging homo

  46. 46
    Richard III says:

    You think you’ve got problems ? I’ve just had the bloody bill from the council for parking fees for the past 520 years

  47. 47
    chris huhne says:

    what a pair of knockers! only kidding, where are the boys?

  48. 48
    Market watch says:

    The markets never underestimate the stupidity and gullibility of large swathes of the British electorate……………

  49. 49
    Anonymous says:

    I’m more interested in the alleged stories that Huhne gave Vicky pubic lice and that they split up over his relationships with other men.


  50. 50
    The most amusing claim ever says:

    Rather like the bloke that said…”Too fast;Too Deep” …you mean ???

  51. 51
    Reader says:

    Slow day, Guido?

  52. 52
    Ed Sillyband says:

    My manifesto is no longer a blank sheet of paper comwades.

    1. Labour to pay for everything with a bank bonus tax.

    2. Labour to reduce bank bonuses.

    3. Oh shit!

  53. 53
    An economist says:

    There no jobs for men any more. Labour destroyed them.

  54. 54
    Warren Peace says:

    Where’s the dirt on Yeo, you promised earlier?

  55. 55
    Chasing the Deer says:

    Not a problem after September this year although Labour will try and force through as many policies they can before Scottish MPs are disbarred in March 2016…a bit like the introduction of student tuition fees that Blair forced through using the Scottish block vote even though their constituents were not affected

  56. 56
    altruism in industry says:

    I think it would be a good thing to focus less on the financial services and more on other ways of making money, like making things, you know films , music, robots, artificial body parts, space ships, technical clothing, nuclear fusion, tasty food stuffs, everlasting batteries, eternal life, that sort of thing

  57. 57
    I million of nothing equals er nothing says:

    How many of the so called (much trumpeted by Dave at every opportunity) one million new jobs are part time and zero hours contracts ??

  58. 58
    FrankFisher says:

    LibDems are a particularly unpleasant infestation.

  59. 59
    Dr Farage says:


  60. 60
    The most amusing claim ever says:

    It’s a sobering thought but even given all that ….Miliband will more than likely be Prime Minister after May 2015

  61. 61
    white says:

    while i was out it became pa.
    pa this pa that.
    pam says pa is in.

  62. 62
    Arthur says:

    He does have the look though

  63. 63
    BBC News Editor says:

    We’ve lied about Jimmy Savile for years. We’ve lied about “climate change” for years. Labour should be easy.

  64. 64
    Arthur says:

    And putting high octane fuel in the tank

  65. 65
    Rickytshirt says:

    So he gave her more than just his speeding points!

    He probably quite enjoyed prison then.

  66. 66
    Reader says:

    Presumably she’ll be complaining to the Equalities Commission about the blatant anti-male biases in Morrisons hiring practices.

  67. 67
    Duckham Weave says:

    I would let Labour near a river bank

  68. 68
    Neck Romancy says:

    Errm, Breville is an electrical appliance manufacturer. You might as well say that an electric kettle is a breville.


  69. 69
    EU Funded Pro-EU Troll says:

    Vote UKIP.

  70. 70
    Arthur says:

    They look like a bunch of shop mannequins

  71. 71
    Mark Oaten says:

    Was it in Fawcett St Sunderland or the sattelite branch in Sofia?

  72. 72
    A Bent Penny says:

    Still, you learned your lesson, eh?

    Fancy a timeshare?

  73. 73
    Danny La Rue says:

    Didn’t recognize her with her clothes on,

  74. 74
    Winnie M says:

    Now you’re talking

  75. 75
    ? says:

    Labour often quote the IoD when it comes to promoting their pro EU and pro immigration bollocks.
    Are you saying what the IoD think is shit?

  76. 76
    Connie Briscoe and the case for the EU In Vote ? says:

    Pubic lice from Brussels ?

    Vote UKIP.

  77. 77
    Ms Jackie Dromey says:

    Mmm sounds fun

  78. 78
    Mong Watch says:

    A bit like a hoover is a sucky thing eh ?

  79. 79
    UKIP or bust says:

    Caught the 3 O’clock Labour Bradcasting channel earlier, and it would seem that because thay have been trailing this McClusky bank thing all week and trying to make it look like McKluskys erand boy Milliband is (or should be) in charge of the country’s financies, thay have had to keep pretending it’s a good thing.

  80. 80
    Ms Jackie Dromey says:

    ooh so have I deary.

  81. 81
    Jimmy says:

    It’s basically the CBI for people without real businesses.

  82. 82
    Don't underestimate the power of the power slap says:

    Use the power slap and the drunken c*nt would have woken up around midday surrounded by shoppers.

  83. 83
    nell says:

    I thought the funniest statement of the day was that one on the right of the page ‘ed miliband puts mark carney on notice’ . My word I bet mr carney is absolutely terrified!!

  84. 84
    nell says:

    I thought the funniest statement of the day was that one on the right of the page “ed miliband puts mark carney on notice” My word I bet mr carney is absolutely terrified!!

  85. 85
    Arthur says:

    Explains Carina Trimingham then doesn’t it

  86. 86
    ? says:

    And yet labour still quote them.Interesting.

  87. 87
    A Sense of Proportion says:

    That just looks like a bully using unreasonable force to me.

  88. 88
    NE Frontiersman says:

    Of course a respected lawyer and judge would never use the privilege of the witness box to spread a spiteful rumour anyone else can legally print just out of malice? Therefore this must be true.

  89. 89
    bergen says:

    What is it with Liberal politicians ?

    Middle of the road and concentrating on their middle stump.

  90. 90
    Mr Potato Head says:

    And neglecting the brakes.

  91. 91
    Mr Potato Head says:

    Wasn’t that President Hollande?

  92. 92
    Casual Observer 5 says:

    On notice of what though ?

    Ed isn’t his boss.

    Could be a new Labour economic strategy – piss of Goldman Sachs.

    That’ll be the winning ticket… not.

    30 Yr Fixed rate mortgage idea is not a bad one. But need to be careful with Carney as I think he was the idiot who tried to extend mortgages to 40 Yr terms in Canada – a move which has been undone now, nearly taking down a couple of their banks.

    What is wrong with 10Y fixed ? Anyone would think a UK mortgage is a debt device to enslave and pacify… :-)

  93. 93
    Oops says:

    Tic this box

  94. 94
    Mr Potato Head says:

    A Portuguese MD paid over £1m to run the shambles? Sounds just like Barroso and the EU.

  95. 95
    Charlott Church says:

    I’ve got a sore throat.Can Ed do something about the cost of singing crisis?

  96. 96
    Long John Silver's parrot says:

    If in the unlikely event the twat actually gets into Downing St let him break up the Banks if he wants to.

    The Banks can hardly be in a bigger mess than they now are.

  97. 97
    Mr Potato Head says:

    It was the Bank of Scotland and its debts that busted the Halifax.

  98. 98
    Toxic Labour for Spongers, Parasites, Immigrants, Criminals & other Wasters. says:

    How dare you, Labour is very capable of running an egg and spoon race, just don’t expect any eggs, spoons, competitors, sponsors or a running track.

  99. 99
    The Labour Party says:

    I suspect we will have a major change of heart on Proportional Representation if we lose the jock MPs

  100. 100
    Casual Observer 5 says:

    Guns and butter. Always a market for them, and easy to make.

  101. 101
    Mr Potato Head says:

    Reverend Flowers was a plant.

  102. 102
    Small Business says:

    My finance director is on the phone to HMRC. After three minutes being asked quesitons by a maching she is now in hold in a queue which she’s been told will be 12 minutes.

    This, in order to even start to make set-up arrangements to pay staff income taxes using a method which we were told could only be used online.

    How does any of this costly time and effort benefit my company?

  103. 103
    Ed Milliwatt says:

    We will split your throat up into a lot of smaller throats

  104. 104
    Labour wrecking ball, and Gordon Brown's unmentionable says:

    You really want to bet on that ?

  105. 105
    Anon says:

    The chav got the message and fucked off, didn’t seem unreasonable to me.

  106. 106
    Mr Potato Head says:

    Where are they going to get the money from to make them all?

  107. 107
    i don't n eed no doctor says:

    Is it pure spite that drives Ed Miliband?

  108. 108
    Mark Oaten says:

    You have hit the nail on the head here,Northern Rock was a big employer in the North East loads of thicko Labour Mps whillst B of S and RBS would have damaged him in Scotland where there are even morle Labour thicko,the man who should have been castigated for this was Sir Victor Blank Cheque his actions were horrendous.

  109. 109
    Cost-of-Labour-crisis says:

    My grandad voted Labour.
    My dad voted Labour.
    So I’ll vote Labour.

  110. 110
    A Stockbroker says:

    No, it means we get paid when we sell your shares and also when we buy them back again for you.

    So it’s in our interest to talk down the banks one day then praise them up the next.

  111. 111
    The most amusing claim ever says:

    Even the Governor of Bank of England thinks Ed’s banking policy is crap


  112. 112
    Dirty ole Bugger says:

    I’ve got a ice salt gargle for that love…..

  113. 113
    jgm2 says:

    By post. Multiple times.

  114. 114
    Small Business says:

    It looks like he was on public property. The chav had as much right to be where he was as anyone else. If he was in the act committing a crime, the bouncer should have affected a citizen’s arrest and called the police.

    Anything else was assault.

  115. 115
    Mark Oaten says:

    They willbe as nearly thick as her if my local Morrisons branch is anything to go by,worst performing supermarket in 2013.

  116. 116
    FFS says:

    Have you given up on Labour yet, Jimmy?

  117. 117
    Ed Milliwatt says:

    Quite right. Vote for us and we’ll raise taxes and get rid of all these new jobs, you are better off on benefits.

    We can get a load more immigrants in to do any jobs you don’t want to do.

  118. 118
    Cost-of-Labour-crisis says:

    My grandad voted Labour.
    My dad voted Labour.
    So I’ll vote Labour.

  119. 119
    Mark Oaten says:

    The country is goin down the shitter!

  120. 120
    Sunderland is a Labour ghetto thats why its shyte. says:

    Be afraid ,be very afraid if these lot win the next GE.

  121. 121
    FFS says:

    Build more houses, kick some of the immigrants out – house prices down to £50K each and everybody can manage to pay their mortgage off.

    Oh no, wouldn’t want that – the middle classes would only work for 10 years. Best create an artificial market in housing and encourage everybody to get into massive debt they can’t pay.

  122. 122
    Small Business says:

    She goto through, explained the issue, and was eventuallly told that they will write to her by post: but not to expect anything until the 14th February.

  123. 123
    Cost-of-Labour-crisis says:

    My grandad voted Labour.
    My dad voted Labour.
    So I’ll vote Labour.

  124. 124
    RomaBob.... Beeg Issue, Beeg Issue! says:

    Mackies corner!

  125. 125
    Cost-of-Labour-crisis says:

    My grandad voted Labour.
    My dad voted Labour.
    So I’ll vote Labour.

  126. 126
    Jack Ketch says:

    Easy–just pay 10% of what you think you should have to pay and deposit the rest in a suspense account. Write–yes, on paper, to HMRC deploring the time spent trying to contact them and request a personal visit. You will be astonished how fast you will be attended to.

  127. 127
    Small Business says:

    They have somehow managed to shut the online PAYE account, so we can’t send them any money.

    Go figure.

  128. 128
    Di Jameson says:

    Huhne is a hoover ?

  129. 129
    Mrs Jack Harman says:

    Ed Balls wants to be First Lady – who’d a thought it ?

  130. 130
    Slotgob says:

    You’ve lost your equipment as well ?

  131. 131
    Ed E Izzard says:

    You couldn’t make him up.

  132. 132
    Edinburgh Skanky Shitty says:

    Hypocritical Labour!

  133. 133

    The Banks will slaughter the stupid little twat !

  134. 134
    Froggie says:

    My granddad knew David LLoyd George

  135. 135
    Anonymous says:

    There’s snow business like Banking!!

  136. 136
    Rightwinggit says:

    Set Jasmine on him, she would have done the slag proper.

  137. 137
    Only Chavs shop at Tesco says:

    Vote UKIP – get MILIBAND! Is that so hard to understand? I want to vote UKIP, but I can face reality. I’d rather have that dateless idiot Camoron than Milibland and Bollox and Mrs Bollox and that snake whose father was Lord Stansgate. I admire and like Farago, but he’s going to let Miliband REALLY fuck what’s left of the UK. Sorry, but it’s true.

Seen Elsewhere

100 Tories to Rebel on Plain Packs | Telegraph
May 2015 and the Art of Political Betting | MAY2015
Fate of Eurozone Rests in Hands of Videogame Expert | TechnoGuido
UKIP After Farage | Asa Bennett
Eichmann Called on Arabs to Continue War on Jews | Speccie
Mirror Hacking: 50 Legal Action Claims | Press Gazette
Mandy’s £400,000 Tax-Free Loan From Own Company | Guardian
Why We Must Remember the Holocaust | Hugo Rifkind
“Adjustments” Not Cuts | Gary Gibbon
The New Puritans | Alex Wickham
British Minister in Watch Gaffe | Straits Times

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