Tag Archives: philip green

Government goes over-the-top in boasting about how it is centralising decisions

Philip Green’s report into how the government could save money was initially rather dominated by the way he has arranged his own personal tax affairs. Some of his ideas were also far from good – such as the idea that the government should become a slow payer of bills to small businesses – but there were also good ideas in the Philip Green report.

The government has now come up with its response to the report and its plans for implementing many of the recommendations. What particularly caught my eye was …

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Clegg backs graduate tax in Telegraph interview

Credit where credit is due, today’s Telegraph interview with Nick Clegg covers a range of substantive policy issues and gives the Deputy Prime Minister the space to give nuanced answers where the question requires them.

The biggest story is Clegg’s clear steer on a graduate tax as the way to square financial demands with the party’s dislike of tuition fees:

While David Willetts, the universities minister, said this week that it was for Lord Browne’s ongoing study to recommend increased tuition fees or a tax, Mr Clegg comes down firmly for the latter. “ children are very intimidated by levels of

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Shock Robert Peston news: he’s human and fallible

Although Robert Peston has recently been criticising HBOS for the behaviour that led to it running up massive losses, a look through his book published as recently as last year shows him repeatedly praising HBOS for some of the very actions that are now being criticised.

For example, in late February, Robert Peston wrote on his BBC blog that,

For all the criticism of the alleged excessive risks taken by HBOS’s mortgage department – as per the charges levelled at the bank by its former head of regulatory risk, Paul Moore – the most reckless lending and investments were made by

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