
By continually cutting interest rates. Published at Channel 4 News
More detail from Faisal Islam

By continually cutting interest rates. Published at Channel 4 News
More detail from Faisal Islam
Bolting the stable door from the Financial Services Authority. Via FTs Alpahville.
And the latest on the value of the pound in your pocket. Via the BBC.
Capitalists at work offers a short piece of analysis
What the government thinks is important. From Channel 4 News
What the government thinks about taking pictures in public. Via the Register. The attitude to the contemporaneous manufacturing of grubby pencil drawings is unclear, although you aren’t allowed to do it in court.
You can download the revised guidelines from the National Police Improvement Agency here.
One piece of interest from the new guidelines is in the advice to officers about using their powers (page 17) – it is helpfully in bold type.
Every person searched under section 44 should be told explicitly that they are not suspected of being a terrorist.
Which rather begs the obvious question, why search them?
However, there is reassuring news on taking pictures as section 2.8 Photography (page 22) says;
The Terrorism Act 2000 does not prohibit people from taking photographs or digital images in an area where an authority from section 44 is in place.
Phew. However,
Officers should not prevent people taking photographs unless they are in an area where photography is forbidden by other legislation.
So, if you do want to take a picture about ‘news’, know your law.
When the markets think we look in serious economic trouble as a country, the value of the pound in your pocket declines. (link via Reuters). This view is currently being taken because of the extent of the borrowing the government is taking on to try and prop up the banking sector. We are all going to be tangled up in this debt. Citywire has a line on why the pound is declining in value against the dollar – it’s the flight to safety theory (biggest is safest). So, let’s hope no one starts asking if the US can pay their debts.

A treat for anyone who enjoys a well composed visual image. Via the BBC
Mick and Brian at Slugger note the importance of timing in all things, especially when they involve political jobs.
Published at Channel 4 News