The Anonymous Widower

Brexit Is The Cancer Gnawing Away At The Conservative Party

Well said by Lord Hesseltine in a very interesting interview with John Pienaar on BBC Radio 5.

He also said Brexit might not happen!

He didn’t pull any punches!

June 11, 2017 Posted by | World | , | 3 Comments

Dressing To Win!

I am not being sexist in this post, as I think it applies just as much to men as women.

My late wife, C was always immaculately dressed for her appearances as a barrister in Court. I know too, from a lunch I had with a retired judge, who she regularly appeared in front of, that she would dress appropriately for the case and those in Court.

The judge also said, she made sure she was the centre of attention and as the judge said, she dressed to win.

C was considered by her peers to be a very competent lawyer, but several times she expressed doubts about her skills to me, so I do wonder, if she used clothes to give herself confidence.

I think that both Theresa May and Hillary Clinton don’t dress to win and both of them have lost!

How many times in their campaigns were they seen in plain bog-standard clothes, that made them look ordinary?

I can hear the words of C, in my ears, as she criticises their dress sense.

Incidentally, she always made sure, I was well-turned out!

 

June 9, 2017 Posted by | World | , , , , | Leave a comment

Where Is The Next Tory Leader?

When Theresa May resigns, as she surely will, if not today, in the next few days, where is the safe pair of hands to sort out the mess that the Brexit Referendum has dumped the country?

  • Kenneth Clarke and others of his generation are too old and too pro-Remain.
  • Boris Johnson is too volatile.
  • Ruth Davidson is not in Parliament.

I suspect many others will pass on the poisoned chalice.

John Major was the surprise to follow Margaret Thatcher and went on to win an election. Is there another like him? I don’t think so!

June 9, 2017 Posted by | World | , , | 1 Comment

I Said It Was A Strange Election!

In A Strange Election, I said it was just that. But then, a political journalist friend said to me, that the posters told a different tale South of London, as they did in the capital, before the Brexit Referendum.

Theresa May made the same mistake as Harold Wilson in 1970 and Ted Heath in 1974, when they both called an early election and ended up covered in egg.

She fought a terrible election and certainly made major mistakes.

  • In a short campaign, you must get your manifesto right and this allowed the sound-bite of Dementia Tax to take hold.
  • The manifesto had little for the average Tory voter.
  • She ignored Newton’s Third Law!
  • Her circle of advisers was too small and close!
  • She ignored the lessons of Hillary Clinton’s campaign.
  • She came over as cold, with all the charisma of a dead fish.
  • There was no infrastructure policy except vague statements in the manifesto.
  • There wasn’t much to attract those who voted Brexit, except a stop to immigration.
  • Where was the pit-bull to take Corbyn’s fantasy tax and spend policies apart?
  • Only Boris Johnson delivered any passion!

But most importantly, where do the Tories stand on Brexit?

The Tories are pfaffing about, like a Personnel Manager, who has just been sent by the Chairman to close a factory they know nothing about, in a strange area of the country.

The Tories were all planning to Remain in the EU, even if they were against it and the surprise result in the Brexit Referendum left the Party up the creek without a paddle.

June 9, 2017 Posted by | World | , , , | Leave a comment

A Strange Election

In 2015, when you walked through the local area, you saw lots of posters, saying Vote for Me! etc.

Today, I walked to Haggerston station and I saw just three posters; one Liberal, one Green and one for an Independent.

Now that the forecast doesn’t agree with opinion polls in The Times and The Standard, I am led to the conclusion, that much of the data is all over the place.

I have a feeling as with 2015 and the Bexit vote, the pollsters will have to look hard at their methods.

June 8, 2017 Posted by | World | , | 3 Comments

The Sun Does It Again!

You can always rely on The Sun to be funny on Election Day.

They sum him up like this.

  • Terrorists’ Friend
  • Useless On Brexit
  • Destroyer Of Jobs
  • Enemy Of Business
  • Massive Tax Hikes
  • Puppet Of Unions
  • Nuclear Surrender
  • Ruinous Spending
  • Open Immigration
  • Marxist Extremist

The front page is very much in the tradition of the notorious It’s The Sun Wot Won It front page of 1992.

Incidentally, if Jeremy Corbyn were to become Prime Minister, he would be only the second one, who’d divorced. The first was the Duke of Grafton in 1769. But the Duke was only divorced once.

June 8, 2017 Posted by | World | , , | 1 Comment

Launch Of Crossrail Trains Pushed Back By TfL

The title of this post is the title of this article in Rail Technology Magazine.

The story I heard from staff, was that more miles need to be accumulated on the trains and that squares with what is said in the article.

But I do wonder if Sadiq Khan has pushed the launch back until after the election, so that politicians he doesn’t agree with can use the trains as a photo opportunity.

June 2, 2017 Posted by | Travel | , , , | Leave a comment

Kissing The Innovators Goodbye!

I was part of a team that started a high-tech business n the UK in 1977 at the age of thirty.

James Callaghan was Prime Minister and tax rates were higher than they are today.

In 1984, the business was sold for $128,000,000.

So what advice would I give to my thirty-year-old son, daughter, grandchild, niece or nephew, thinking of starting a high-tech business today?

He or she would in one way be very different to me, in that by the age of thirty.

  • I’d probably only been abroad twice and wasn’t very savvy about how to survive in a foreign country.
  • Now the average thirty-year-old has probably done around a hundred foreign trips.

Due to a broader spectrum of nationalities in the UK today, a group thinking of starting a business would be less white middle-class than we were.

So whereas, we had to start the business in the UK, unless perhaps we wanted to relocate to the US, which I wouldn’t have done, even if I’d known how much money we would realise, so many factors, like the Internet, cheap air travel, better language skills, the easier availability of money, good support services and welcoming governments mean you can start a high-tech business virtually anywhere.

These factors also mean Brexit isn’t a disaster for the high-tech start-up.

If you are a UK-focused start-up perhaps dealing with something that is very UK specific, Brexit will only effect you if the economy goes bust.

If you are selling a world-wide product, the Internet means Brexit is irrelevant or will be in a couple of years.

But who wins the General Election is.

A May victory will probably mean things will carry on as before with a probability upwards of sixty-per-cent, as history teaches us, that in times of unexpected crisis that the UK just keeps calm and carries on.

Consider.

  • Corbyn and his cronies are so Consevative in their thinking.
  • Of all our industries, the NHS is probably our most Conservative.
  • A lot of innovation is disruptive, which destroys existing methods, restrictive practices and industries, but improves employment and quality of life.
  • Good ideas, make their inventors lots of money and they usually desire to keep it.

As an example, what would happen if a revolutionary product came along, that saved the NHS billions of pounds a year, but cut staff by 100,000?

It would never be introduced and if it was, the inventors would be driven out of the country by Corbyn’s proposed high taxation.

So after the disastrous Brexit, a Corbyn victory would probably be equally disastrous for innovation and innovators in the UK.

 

 

June 2, 2017 Posted by | World | , , , , | 2 Comments

The Labour Party’s Fantasy Economics

Today, the Labour Party has added a rail fare cap to their list of give-aways to all and sundry.

In the 1970s, I was asked to do a programming job for the Chief Management Accountant of a major clearing bank, who are still trading successfully, so my work didn’t toss them down the toilet.

I programmed a system, so that the Bank could work out how much every one of their management functions would cost. The program could be run so that the Bank could see how much say a pay rise for staff would add to the cost of clearing a cheque, in all of their branches. As you can imagine costs were very variable and the reasons for some of the high costs in some branches appeared in the tabloid newspapers.

It was fascinating and three things happened.

  • I learned a tremendous amount about the way bankers and accountants look at figures, which I put to good use in Artemis
  • I learned a lot about the way bankers think.
  • But above all, I gained a good friend, which was sadly cut short by the Chief Management Accountant’s early death from cancer, We regularly celebrated our fruendship  in Mother Bunches Wine Bar.

I also decided to move my Bank Account to the Bank and by luck, I was introduced to a Bank Manager, who played a large part in my life.

  • He became Metier’s Bank Manager and helped us to be the success we were.
  • He went on to be Business Banking Director of the Bank.
  • He loaned me the money to buy my first Porsche and then introduced me to the joys of owning a Lotus.
  • But as with the Chief Management Accountant, we became firm friends and put the world to rights in many convivial lunches.

Sadly, he died a few days before C.

These two friends taught me a lot about banking.

But I remember one conversation with the Bank Manager in particular.

We were talking about lending millions of pounds to companies, with strong Chilean, Israeli and South African ownership links. He said they were always difficult and risky because of the politics and determined individuals involved, but you satisfied this risk by adding a percentage or two to the deal.

Since then I have been involved in both a small finance company and Zopa; the peer-to-peer lender, as an investor, and the same principles apply.

Just as they do when the banks are lending to countries with dodgy finances.

So what makes the Labour Party think that they any sane Banker will fund their socialist fantasies, by loaning them billions at zero or low rates?

 

June 1, 2017 Posted by | Computing, Finance, World | | 2 Comments

Welcome To The Corbyn Comedy Channel

The leaking of the Draft Labour Manifesto is to my mind, proof, if it were needed, that the current Labour Party can’t be trusted to organise a piss-up in a brewery.

I have only read summaries, but most of the policies show such a disregard for the rules of economics, taxation and politics, that it could have been written by someone with Monty Python’s grasp of comedy.

May 11, 2017 Posted by | World | , , | 1 Comment