Via Skype under threat from eBay licence row | Technology | The Guardian : The internet auction company paid a total of $3.1bn for the telephone service between 2005 and 2007 and is now locked in a legal battle with the technology’s owner, Joltid, a company owned by Skype’s founders. […]
Read MorePost Tagged with: "Incompetence"
A pipedream of six turbines a day until 2020 – Telegraph
Via A pipedream of six turbines a day until 2020 – Telegraph: Last Wednesday, two days before our Climate Change Secretary, Ed Miliband, told us that motorists could help save the planet by changing more quickly to a lower gear, his underling Lord Hunt made one of the most absurd claims […]
Read MoreTreasury announces ‘bonfire of quangos’ to save taxpayer millions – Times Online
Via Treasury announces ‘bonfire of quangos’ to save taxpayer millions – Times Online : Liam Byrne, the Chief Secretary to the Treasury, has written to Whitehall departments demanding an urgent review of all quangos to assess which can be abolished, merged with other bodies or taken back directly into their ministries. […]
Read MoreIreland commissioner says most EU countries would reject Lisbon Treaty – Telegraph
Ireland’s EU Commissioner, Charlie McCreevy, has conceded that voters in most EU countries would reject the stalled Lisbon Treaty. via Ireland commissioner says most EU countries would reject Lisbon Treaty – Telegraph.
Read MoreMervyn King warns that spending cuts and tax rises are needed – Telegraph
Speaking to the Treasury Committee of MPs, Mr King dealt a serious blow to Mr Brown’s political strategy of casting the next election as a choice between “Tory cuts” and “Labour investment.” In the Budget in April, Alistair Darling set out plans to borrow an extra £700 billion over five […]
Read MoreNY Times, 2002: Paul Krugman calls for the housing bubble
Mad science: The basic point is that the recession of 2001 wasn’t a typical postwar slump, brought on when an inflation-fighting Fed raises interest rates and easily ended by a snapback in housing and consumer spending when the Fed brings rates back down again. This was a prewar-style recession, a […]
Read MoreBBC NEWS | Health | NHS ‘faces huge budget shortfall’
New Labour’s Andy Burnham appears to be referring to a different NHS from the one that concerns the NHS Confederation: The health service will face the most severe and sustained financial shortfall in its history after 2011, a report by NHS managers warns. The NHS Confederation report says the health […]
Read MoreRuth Lea: Gordon Brown never was fit for Number 10
Doubtless politics has always had its dark side. But the depths to which it has sunk over the last 12 years under New Labour has been unprecedented in this country. Of all the legacies left by this Government the poisoning of political discourse is surely the worst. Gordon Brown, foul-tempered […]
Read MoreBritain can’t afford another year of Labour
UK ‘needs emergency Budget’ – Telegraph
The Policy Exchange has advised the next government that it must be prepared to make radical and immediate cuts to spending plans or face a serious risk of a full-scale sovereign debt crisis. In a new paper, it has also shown that only a third of the impending surge in […]
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