The UK downgrade will come as little surprise to many. It does not appear to be occurring because the UK is cutting its deficit too far and too fast.
John Redwood
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The library is seen as a force for self improvement and the pursuit of knowledge. I fear that in many cases this is no longer true, if it ever was.
- John Redwood -
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We think it would be safer if the Bank of England had responsibility for solvency regulation of UK-based banks, as well as having an overall duty to keep the system solvent. Otherwise, there could be dangerous delays if a banking crisis did hit.
- John Redwood