The dangerous consequences of New Labour’s massive bailout of the banks is causing some disquiet. As we have already noted King appears intent on protecting the pound, for whose value the Government seems to have a cavalier disregard. As UK PLC goes down we can expect more sparks to fly as the elite agenda starts to fragment.
18th June, 2009
Government policy on City regulation was last night thrown into deeper confusion by sharply contrasting speeches by Mervyn King and Alistair Darling.
In These New Times 