Outside the marginals

A commentary on the politics that followed the UK 2010, 2015 & 2017 elections (and THAT referendum)

Archive for the category “Exchange Rate”

Post “The Day” Reflections

Ok, I think it’s a disaster and I am livid at what I see as the way both campaigns – but particularly Leave’s – were run. (Remain was inept, but Leave at times seemed deliberately devious.) If I had been active in the campaign I would also be feeling sore.
But the deed is done and we have to accept the result even if we can’t respect it. But there are a number of issues that bear closer examination.

Read more…

Advertisements

Steeling ourselves for industrial collapse

Administrators from PwC have been appointed to run some parts of the Caparo group empire. …

Steel giant Tata is expected to announce major job losses on Tuesday. Recently the UK’s second largest steelmaker, SSI, went into liquidation. …

Matt Hammond, lead administrator [of Caparo] and partner at PwC, said: “This is a significant business with a wide range of interests across steel, engineering, vehicles products and technologies. Its scale and reach into significant customers and its importance to suppliers cannot be understated. We will be rapidly assessing all options for the businesses through this week and beyond.”
BBC News website, 19 October 2015 : Caparo steel goes into partial administration

There are numerous reasons for the problems, but there seems to be only one reason for the collapse of this industry; Read more…

A cynical thought?

We know that Business in general does not favour Scottish Independence.

We know that individuals in banks can manipulate exchange rates.

We know that other individuals can manipulate stock prices.

So is the recent drop in value of the Pound and of share prices for Scottish based companies – a reflection on:

Am I being over-cynical?

Read more…

Post Navigation