So HBOS was in the doo-doo. It was "too big to fail". So it would have to be nationalised like Northern Rock. But wait ! There was a better answer. Why not steer it into the arms of a bigger, financially sound bank - like Lloyds. OK, that would create a "much too big to fail" bank and breach all kin...

... thus far have the People's Party come. It's the 'speaking from Davos' bit that gets me !...

While the eyes of the world were on Washington DC, the eyes of Laban and quite a few others were watching the pound lose nearly 5 cents in a day, and the bank shares continuing to slide. Gordon Brown really is an economic genius. With hindsight his abandonment of the competition laws to save HBOS ("...

Things are moving with remarkable speed. By next week Barclays and HSBC may be in the Government's bail-out tent, while Lloyds TSB, which was meant to be coming to the rescue of HBOS, may be more than 50% state-owned. Given that most of the banks would be bust without taxpayer guarantees I don't kno...

... with Chick Yog. I'd thought the Tories had selling off the family silver down to a fine art, but they're just amateurs compared to this lot ... (btw, there's a small Cultural Studies paper waiting to be written on names - how the Amalgamated Union of Wire-Drawers, Fettlers and Allied Trades turn...

Christian police and counsellors sacked for their beliefs. Apparently it's OK to mail officers asking them to wear pink ribbons for Gay History Month (I kid you not - somehow I don't think Ernst Rohm will figure prominently), but not OK to object to it. Graham Cogman and Gary McFarlane will not be t...