Ed Balls approach to ” light touch regulation “.
Hand in hand with Gordon Brown, Ed balls seems to forget what he says from one week to another, let alone one year to the next. It was only a year ago that Ed balls was caught out over his " light touch approach to regulation " by George Osborne in the Independent.
On Monday 22nd September 2008 he said that those who had advocated " light touch regulation " had been, in his words, "routed". This is the same Ed Balls who as Chief Economic Adviser to the Treasury for eight years boasted about the " light touch " regime of City regulation he had designed. This is also the same Ed Balls who then as City Minister called for "a light touch approach at the global and EU level".
It would appear that Ed Balls was very much in league with Gordon Brown in designing a " light touch approach to regulation " that will see the rest of us paying for it for a long time to come!
Pages
Categories
Recent Posts
- David Chaytor loses appeal to have jail sentence reduced
- Long time no blog…..
- Ed Balls approach to ” light touch regulation “.
- Gordon Brown and his approach to ” light touch regulation “.
- Charles Clarke still wants a vote on the Kelly Report recommendations.
- Is there anything Gordon Brown hasn’t given away?
- Lloyds sells Halifax estate agency for £1
- Labour adds another £40 billion burden for the British tax payer
- Mervyn King, bank reform and £6bn bonuses
- Nick Griffin on Question Time with Jack Straw, Chris Huhne, Sayeeda Warsi and Bonnie Greer
- There’s Nothing British about Nothing British is there?
- Labour MPs whinging about their Parliamentary Rights.
- What do they know?
- Peter Hain calls for Nick Griffin to be banned from Question Time.
- MPs want more pay and increased holidays.
