The news today that Irish Banks have now admitted the extent of their financial difficulties in a way comes as no surprise. Spain is now dealing also , with the downgrading of their standing in the financial markets
At the week-end Ed Miliband was elected leader of the opposition and the prospects of a campaign for more left wing ideologies in a troubled world looms larger in the U.K
The politics of financial survival surely transcends the mere ideology of party politics ,especially when peoples jobs and welfare are at stake . Do we have a party in opposition who is led by a person who can influence National leaders and avoid the inevitable slide into self interested national politics
The answer I fear is no , and with the onset of more market turbulence , affected by the events in Spain and Ireland , how can we consider ourselves to be on the European stage , let alone the World stage , unless we have the leadership that avoids insularity and island mentality
If the U.K was being managed as a business, we would crave an understanding of our branded image , our value proposition and the business development opportunities.There is an increasing reliance , understandably , on Government financial support , but this is not sustainable.
Business needs to grow and prosper for wealth creation but it is really not obvious where that is coming from
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