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Posts Tagged ‘Brown’

The inequity in letting borrrowers borrow at the expense of savers.

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Mandelson: up to old tricks?

Gordon Brown must be kicking himself.
After having what most people on both sides of the political spectrum would describe as a ‘good banking war’, he must be ruing the day he decided that in order to bring the Blairites on board, and recover his bad public image, he should bring Mandelson into the Cabinet.
Mandelson is [...]

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I find it quite a strange coincidence that the very first act of Gordon Brown as Chancellor was to strip occupational pension funds of their tax dividend relief. It is commonly acknowledged that this was the trip-wire for the rapid subsequent closure of final salary pension schemes. Thus affecting millions of people who found their pension planning was seriously compromised. [...]

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In a new television documentary to be screened next week, Tony Blair claims the credit for the historic decision to make the Bank of England independent, contrary to the received wisdom that it was Gordon Brown’s idea.  The truth is that neither had any choice in the matter.
In 1997 the UK was still on the [...]

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