Reading Football Club are on a slide that looks irreversible. By chasing the riches of top flight football they went into debt. When the Premier League dream faded, player salaries and transfer costs were racing past income.
Wages versus Income
At one point, Reading’s salaries were 234% of income. So, in other words, for every pound they received in revenue, they spent £2:34. Unsustainable, yes…until you look at the riches of the ...
I guess election strategy always existed. There are Labour and Conservative voters who will never change allegiance, so the balance is swung by appealing to the ambivalent and the floaters.
Johnson’s Populism
Since Boris Johnson chaotically crashed into frontline politics, populism has been all the rage. The Conservative strategy of recent years has been to create fear and hate. This allowed them to take votes from deprived areas which ...
To understand the pitfalls of regulation, you need the ability to define it: Deregulation as I see it, is the process of removing government restrictions on industry and allowing it to operate with freedom from regulations. While some (mostly dodgy) people believe that deregulation will stimulate economic growth, others argue that it has catastrophic consequences. This includes harm to public health and safety, environmental damage, and ...
Over the last decade or so, we have been force fed the myth that deregulation is a good thing. Deregulation, we are told, will turbocharge the economy and all of us will be better off because of it.
Over the next few days, I will challenge the myth that fiscal and environmental laws and health & safety in the workplace is for leftists and snowflakes. Deregulation, in my opinion, is a transfer of wealth from the many to the few and if ...
I couldn’t help but feel happy for Harry Kane last night. Let’s be honest, he’s not the most flamboyant of footballers, yet his commitment and hard work is second to none.
Kane could never be accused of being a big head. He is a humble type of guy who seems to take everything in his stride. He doesn’t get carried away when things are going his way, which, in turn, allows him to deal with setbacks. Did anyone really think he would ...