We're out of recession, quip the economists. They were touting this last night. Actually, figures showed the economy had grown by a weaker-than-expected 0.1% in the last three months of 2009. Miniscule, I'd say, but at least it's going in the right direction.
Such a plus figure of tiny proportions needs working on. I have in mind Casanova knocking on the Old Lady of Threadneedle Street's door and asking if she wants to come out for a good time. She's only opened it a millimetre - giving him enough space to squint at her finery.
It's going to be hard work keeping up the strength to get the public finances in order. Oh, well!
PFI can be good or bad
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There is nothing wrong with private capital financing infrastructure. In
the UK it has worked very well for broadband cables. The Thames tideway
tunnel to ...
1 week ago
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