The row that is going on at the BBC is very familiar territory for me because it was at Broadcasting House that I worked as a news editor in the early years of the Thatcher government. At the time I was also very active in the National Union of Journalists and was Father of the Chapel (head of union branch) at Broadcasting House.
What an utter shambles this is for the BBC. The tail wagging the dog. The BBC held to ransom, effectively, by a petulant freelancer.
People work there in part because they want to work for an impartial state broadcaster. So when they see the Tory takeover, I think its inevitable these frictions become public.
Only 8% of people living in Scotland support Direct Rule.
The choice is no longer Independence v Devolution, it is Independence v Assimilation.
Is there a single national institution that they have not in someway damaged, tarnished or undermined over the course of the past decade?
The list is long: the BBC, Universities, the Union they profess to be dedicated to, infrastructure spending, 1000 years of English County local government, the constitutional prerogatives of the Monarchy, the NHS, even the power of the City of London and all of the soft power of the UK brand, all that is just the start for the Tory wrecking crew.
The Bullshitters in a China shop have mangled so much, and it is not just English rivers that are full of shit. The political/media complex that has given us such "giants" as Johnson, Gove, "Leon", Peter Hitchens, or Farage is a cynical servant of a cynical and corrupt media world view exemplified by Trump and Murdoch.
So we end up with the spectacle of a Conservative government- a Conservative government- cancelling David Attenborough and then watching the public purse being robbed of tens of millions by corrupt chancers and then packing the House of Lords with said chancers and KGB vatniks. A government that breaks even its own rules on every possible occasion.
The damage these "#¤%s have caused will need a long time, and a radical agenda to fix. I don´t know if SKS has it, but I do know that the Tories must be driven out, bag and baggage.
Personally I still believe in a Federal Britain.
Less than a week ago, Forbes named Silicon Valley Bank America's Best Bank for the fifth straight year, also calling the firm a "Financial All Star"
However this has gone beyond that now. It is becoming a stand off where the BBC is effectively disproving the old adage that no one is bigger than the corporation.
All looks surprisingly okay so far, perhaps the Fed’s overnight announcement of deposit protection is enough to avoid further contagion past SVB, Signature, and Silvergate, and into more mainstream small banks.
The other is whether the Corporation can sanction staff and contributors who cross certain lines when commenting publicly. I'm agnostic on that, but such lines must apply equally to all. That seems to be the problem here. One thinks of, say, Clarkson and Neil, and then has to ask 'How different to Lineker?'. The Beeb has to untwist its knickers on that one going forward for sure.
How does it get itself out of the immediate mess? I'm not sure. If the DG has played a part in creating it, he should resign, but probably won't, and really that one is not big potatoes.
I really enjoyed Everything Everywhere All At Once.
My view hasn’t changed. The BBC either needs to say that presenters have freedom of speech on social media, or that they don’t and need to stay apolitical. They then need to enforce their chosen policy everywhere and all the time, with no exceptions.
Should an Antiques Roadshow presenter be prevented from standing for their District Council because it would show their political leanings?
It’s not on any front pages, but @Jeremy_Hunt has announced a much bigger than many expected set of policy changes for his ‘back to work’ focused Budget. Will have real impacts on people’s lives so take a break from football/immigration…
You can hardly expect SKY and others not to put the golden boot in.
HSBC, bankers to drug lords terrorists, and Iran, are looking like the most likely to buyout SVB UK.
Panic over lads.
Standing for election is an interesting one. It’s okay if they are independent, but a difficult call if they have a party affiliation while still working there. There’s a few TV presenters in Parliament, Gloria De Piero and Esther McVey immediately spring to mind, but I think they resigned before they stood for election.
Personally, I’d let them say what they like on their own personal social media channels, but that the BBC should promote only official programme accounts. They would also need to keep issuing statements that what people say in their spare time is not our responsibility, even when some random sports presenter goes Godwin on the government of the day. Even worse, they’d have to play down the story as a nothing burger, and not have it lead the news!
It ain't Bailey Savings and Loan any more with electronic withdrawals. A bank run can happen in seconds.
The LibDems are neither liberal or democratic
The Conservatives conserve nothing
Labour doesnt know what a worker is
But the shape of UK politics is not unique, most euopean countries have the same problem, hence the rise of protest parties.
Mark Thompson was saying on TV yesterday the DG would have no involvement in this and should not go over this.
Whoever comes out of the current mess of a leadership campaign really needs to change direction and start to work constructively within the UK government framework to deliver the best for Scotland. Nicola's constant fight picking is a dead end and has hopefully run its course. The new leader needs to focus on addressing the issues of our devolved health service, our devolved education system and the massive range of devolved responsibilities relevant to our economy.
At least 2 of them are explicitly committed to that and even Useless has changed tack more than a bit. We can only hope.
A string of castles were built by Edward I to secure his military gains against Llywelyn ap Gryffydd, the last Welsh Prince of Wales, in 1277.
The monuments have been suggested for inclusion in anti-racist guidance being prepared by the Welsh government about whether councils should pull down, move, destroy or retain statues showing contentious individuals or events.
Prince Andrew is said to be bewildered and in despair because the King is keeping his mother’s £370 million fortune to himself.
An unnamed friend of the Duke of York was quoted in the Mail on Sunday saying: “What’s he meant to do? Go cap in hand to his elder brother to keep a roof over his head?”
The Palace has declined to comment, but eyebrows have been raised at the likelihood that Andrew would be unaware of the convention that monarchs pass their estate to each other because the government allows them to escape inheritance tax. The arrangements began in 1862 and were last confirmed in a negotiation over royal finance with John Major, when he was prime minister, in 1993.
No more details.
US arm likely going to PNC, GS or MS.
And it's Lineker vs the current management (who have their own issues), not the BBC itself.
I've been in the office since 5am.
Might be the quietest day ever, might take the afternoon off and go watch Cocaine Bear and Scream VI at the cinema.
In my defence?
Cost a £1.
There’s something going on with the Kerch Bridge today as well, pictures of long queues on the bridge itself, and Russian guards stopping and searching everyone.
As for the conspiracy bit, we have evidence of plenty of other conspiracies they have been involved in. One involving the chairman of the BBC and a certain loan as one example...
My immediate thoughts are:
(1) is there a bigger role for the LOLR? If the Fed or BOE underwrites liquidity then the problem goes away but is the cost of this risk one that taxpayers should bear?
(2) Do we need to completely break up retail banks and investment banks? Are investment risks just too great for a retail balance sheet to bear?
(3) LOL at Forbes.
Mr. Eagles, by that rationale one would argue removing Constantine's statue from outside of York Minster. Or toppling every statue of William the Conqueror.
Imposing modern day (especially controversial) moralistic views on the past is the act of a fucking idiot.
Edward I made war on almost everyone (ironically, not the French, with whom he got along very well). That wasn't because he was a 21st century racist, it was because he was a king and it was the 13th century.
Russia is going to be wishing it still had those lost tens of thousands at Bakhmut.
I suspect what happens to the SVB UK integration will be heavily monitored and some banks decided it wasn't worth the effort.
Bank runs will always kill banks. The question is how to create an orderly resolution.
In this case, as far as we know, things worked reasonably well - the losses were limited/won’t happen for the depositors, no government money needed, the depositors are going to get timely access to their money.
Oh, and the bank itself got wiped out - the actual risk takers bear the burden.
Still got doubts about the US scheme to provide liquidity, though.
If they hadn't made depositors good, they'd have created a strong incentive to be the first to desert any bank with a sniff of problems.
That could have been immensely destabilising.
Expect Trump's regulatory rollback to be rolled back.
Probably safe now until the next Trump administration.
Still chuckling at his assertion that there wasn't a cat in hell's chance in Forbes standing to succeed Sturgeon.
You cannot buy that quality of anti-tipster.
For better or worse, Gary L is a face of the BBC. He is literally a BBC poster boy. He is absolutely identified with the BBC and no, I couldn't name an Antiques Roadshow presenter beyond the Fimeister.
That said, so is Richard Sharp (absolutely identified with the BBC) and the whole thing is a mess.
But according to the letter of the guidelines, and on the very reasonable assumption that Lineker is very associated with the BBC then it is right that he should be sanctioned.
As for what happens next, I'm sure we are all rubber-necking with disbelief at events and await the "positive direction" final destination.
That's why the Fed now (and in 1987) are so crucial to public confidence and a functioning modern economy, which the system relies upon. It is why the UK govt needs to do the same. And I have no doubt will.
The Fed has given them a year to sort something out.
In the past, there was a shitload of wars. Conquering = loot and more land to dole out. 'Oppressors' is a very modern take, especially given for a long time (centuries, I think) in England the law differed for Normans (ruling class) and the English.
Better smash the Alexander the Great statues, he didn't let the cities of the Persian Empire cast a democratic vote to decide if they wanted to be conquered or not.
Anyone getting wound up by anything he has to say about politics is puddled.
The guidelines was of course bad drafting as in their minds I have no doubt was the bloke who gets the Bournemouth vs Brentford Saturday late kick-off to call.
Deposits will be protected, with no taxpayer support
I said yesterday that we would look after our tech sector, and we have worked urgently to deliver that promise
Which all rather demolishes the whole impartiality standards thing. The best case scenario for Davie and Sharp and Johnson is that Lineker is quietly reinstated followed immediately by a HUUUUUGE breaking news story which completely kills the otherwise lethal repercussions of the Tories having to climb down and reinstate Lineker.
Otherwise, Crispbag gets his job back and the impartiality story switches focus wholly onto the Tories. That a portion of their Mince MPs have openly called for a formal investigation is unfortunate...
Shouldn’t @Roger sue for use of IP without consent?
And yes I do have a thing about our PB tacticians you may have noticed.
At heart I think he wants to stay with the footie, however, and news this morning seems to be indicating that will be at the Beeb.