Is remuneration really tracking performance at Standard Chartered? Let’s see what shareholders say, but there is room for scepticism.
Still further talking of David Owen, I forgot to repeat Denis Healey’s fine story about him:
When he was born, all the good fairies gave him every virtue: “You’ll be beautiful, you’ll be intelligent, you’ll have charm and charisma.” And the bad fairy came along and tapped him on the shoulder and said, “But you’ll be [...]
Chuka Umunna, the shadow Business Secretary, is giving a speech tonight about “Labour’s plan for long-term balanced growth” to the EEF, which used to stand for Engineering Employers’ Federation.
As usual, it has some nice touches. He praises Ken Clarke, “who speaks a lot of sense” on Europe, and contrasts him with
most of his Conservative cabinet colleagues and [...]
Still talking of David Owen, who endorsed Ed Miliband’s Labour Party reforms at the weekend, I’m told that he was prepared to come out for the Labour Party in the 2005 election, but wasn’t taken up on it.
I understand that, towards the end of the campaign, Labour were looking for ways to “check” the Liberal [...]
A friend draws my attention to a prophetic passage in Samuel Huntington’s 1993 essay, “The Clash of Civilisations?” In it, he predicted that post-Cold War conflicts would be at the edges of cultural tectonic plates.
One of his examples was Ukraine, which he called a “cleft country”:
It is my hypothesis that the fundamental source of conflict [...]
While households were big beneficiaries, lending to small firms actually fell by £1.3bn last year.
Talking of David Owen, how uplifting it was to see him back in the gateway to the Labour fold. (He’s not actually rejoining the party, he told BBC radio today, because he is too old to submit to the authority of the party whip, but he has donated “more than” £7,500.)
As I say in The [...]
Ed Miliband’s more-Blairite-than-Blair triumph of breaking the power of the trade union bosses in the Labour Party was nearly overshadowed by a silly row about Waitrose’s free coffee.
Andy Sawford, a Labour frontbencher, criticised Waitrose for giving its customers free coffee (scroll down), because it undercuts coffee shops and “is acting in a way that will [...]
This looks extraordinary. A gizmo called Spritz that reinvents reading, its inventors claim. We normally read at about 220 words per minute, but this software can get us up to 500 wpm quite easily (it seems to be true, you can try it yourself at the link), or faster.
Most of the time taken by reading, [...]
I have a commentary in The Independent today on the German Chancellor’s address to both Houses of Parliament.
“Some expect my speech to pave the way for a fundamental reform of the European architecture which will satisfy all kinds of alleged or actual British wishes… they are in for a disappointment.”
I didn’t get where I am [...]
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