Category Archives: Finance

Gambling as an Investment Option

Combining ‘Gambling’ and ‘Investment’ appears to be bizarre. After all, gambling involves unpredictable risk and the loss of all of your capital in one fell swoop. Investment, on the other hand, breathes the heady air of prudence and safety. This … Continue reading

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Amy Poehler comments on Warren Buffett

“Despite enormous fluctuations in the Dow Jones average this week, billionaire investor Warren Buffett announced Friday that he will continue to invest in the stock market during the current financial crisis. So remember, everyone, this is no time to panic, … Continue reading

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Selected Quotes: Health and Social Care Levy 8th September 2021

Jake Barry (Con) Will my right hon. Friend [Jesse Norman] tell the House how much the 1.25% increase in national insurance will cost the NHS on top of its current payroll? John Redwood (Con) I understand that for a couple … Continue reading

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Costco: the value of decent wages

“Unusually for a retailer, Costco invests in its employees….The average retail employee in the USA makes $12 (£8.51) an hour whereas Costco pays its employees around $24 (£17.02) an hour…..Paying a living wage benefits the business – Costco has an … Continue reading

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Book Review: Jonathan Calvert and George Arbuthnot ~ Failures of State: The inside story of Britain’s battle with Coronovirus (2021)

Investigative journalists are worth their weight in gold. Clavert and Arbuthnot write for the Sunday Times about Covid-19 from its earliest manifestation. As journalists they write in a very attractive and accessible way. This is epitomised by their chapter headings: … Continue reading

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The UK Mayoral Elections, 2021

Turnout in none of the eleven 2021 Mayoral elections came close to 50%+1.The electorate shunned the opportunity to participate. (see Addendum) Does this affect the legitimacy of the result? Let’s imagine an election in fictional Loncaster which has an electorate … Continue reading

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Greedy? Moi?

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How Former Prime Ministers Get Rich

The last four British prime ministers left office and became speech makers, receiving enormous fees.1 Tony Blair, as a superstar, commands the highest. He was prime minister for ten years and at the centre of world affairs. His earnings are … Continue reading

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Senior Army Officers hit the jackpot after the First World War

    Field-Marshal Sir Douglas Haig 100,000 Field-Marshal Viscount French 50,000 Field-Marshal Sir Edmund Allenby 50,000 Field-Marshal Sir H. Plumer 30,000 Field-Marshal Sir Henry Wilson 10 000 General Sir Henry Rawlinson 30,000 General The Hon. Sir Julian Byng 30,000 General … Continue reading

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The Transition from Workhouses: the 1930s

By the 1920s the workhouse system was anachronistic. Democratic reforms in 1918 meant wealth was no longer a qualification for the franchise. The 1929 reforms of relief of the poor led to the formation of Public Assistance Committees. This didn’t … Continue reading

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