Author: Guestposter

Democracy? What Democracy?

As the AV referendum campaign grinds on producing "debates" that scale new heights of tedium, I reckon we are going to hear even more talk of democracy. The opposing campaigns will tell you that their preferred voting system is better…

Banks still under pressure?

The banks are supposed to get lending again, and simultaneously rebuild their cash reserves. But Bank of England statistics show that reserves are actually falling, instead. Figures for last month show that year-on-year, notes and coins in circulation increased by…

Hello from Witney

  It is always as well to introduce oneself, besides being courteous, so: My name is David Phipps and I blog as witteringsfromwitney and appear on Twitter as @WitteringWitney. As the blog name intimates, I live in David Cameron’s parliamentary…

America’s credit wobbles

The fuss about S&P’s “AAA with negative outlook” for US credit is remarkable mainly for being so far behind the curve. The Beijing-based Dagong credit rating company gave America a significantly lower “AA” with negative outlook, back in July 2010…