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…

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Quote of the Day

Tobias Ellwood tells LBC…

“So Jeremy Corbyn will meet with Hamas, Hezbollah and the IRA with no preconditions, but won’t meet the British Prime Minister without her agreeing to his precondition.”

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