They have a “socialist” part too

So “Blue Labour”, a group of parliamentarians within the UK’s ruling Labour party, have issued a mini-manifesto (in April, actually, but just reported in the Guardian) which is going to get a lot of attention in British politics, for bad reasons. The mini-manifesto stakes out a right-wing, authoritarian position which it wants our supposedly centre-left … Continue reading They have a “socialist” part too

There’s no oil in Luxembourg: Siccar Point Energy and tax

So, Cambo. A big oilfield off Scotland which a private equity-backed firm called Siccar Point Energy wants to exploit in partnership with Shell, at a time when energy experts are warning that the world’s fossil fuel emissions need to be cut sharply and fast. Sky News reported this week that Siccar Point Energy “is not … Continue reading There’s no oil in Luxembourg: Siccar Point Energy and tax

Barclays Bank: still hooked on tax havens

Nearly two years ago I looked at some numbers published by Barclays Bank and optimistically concluded that the bank might be reining in its tax-haven habit. Unfortunately that’s turned out to be bollocks. I’d noted that Barclays had booked 15 per cent of its global profits for 2018 in the tax havens of Luxembourg, Jersey, … Continue reading Barclays Bank: still hooked on tax havens

Three mistakes I often make while bikepacking

Bikepacking, now in fashion, is good old cycle touring but with less riding on tarmac roads and more on bridleways, gravel roads and stony tracks.  It can be anything from weekends out in the local countryside to month-long rides down the Rocky Mountains from Canada to Mexico. The appeal of bikepacking in the British uplands … Continue reading Three mistakes I often make while bikepacking

The IMF takes a look in the mirror, sort of.

A recent working paper from researchers at the International Monetary Fund makes painful reading for anyone familiar with the IMF’s long history of trying to compel countries around the world to follow whatever economic ideas are fashionable in elite circles in the West. The paper analyses a list of key terms used in thousands of … Continue reading The IMF takes a look in the mirror, sort of.

Britain and corruption: where are we now?

Revelations from the Good Law Project about billions of pounds worth of questionable procurement of personal protective equipment (PPE) have got people on social media talking about corruption in Britain. We don’t yet know whether these PPE deals involve corruption or not. Corruption is very hard to prove and arrangements which may look corrupt from … Continue reading Britain and corruption: where are we now?