We at UKT don't believe in a nuclear future but...
The prospect of French-state controlled EDF buying British Energy - whose eight nuclear and one coal-fired powers stations generate about a sixth of the UK's electricity - got my goat this week.
Over the years I have watched first many City institutions pass into foreign hands; then companies like Rolls-Royce Motors, P & O, and O2, and soccer teams such as Manchester United, and much else besides with regret but not outrage.
Powerful financial forces had been at work and, as in most cases UK shareholders opted to take the money and run when overseas bidders came a-calling, it could be viewed as capitalism in action.
Gordon Brown proclaimed that the UK's open door policy to foreign investment strengthened our economy because it attracted overseas cash.
Now that the home economy is on the skids that sort of thinking looks short-sighted in the extreme. But it is too late to restore the family silver to its former glory.
It has to admitted also that UK businesses have done their share of overseas purchases. But something as strategic as our nuclear future - even if as rumoured British Gas company Centrica buys a minority stake from EDF - which really should not be open to foreign control.
It is true that the French do nuclear-generated electricity rather well - although there have been some radioactivity leaks recently - and this country has a long history of making a hash of the industry.
But when British Energy - where the Government has a remaining 35 per cent stake - was put up for sale a way should have been found of tapping French knowhow without ceding majority control.
The French for one would not stand for it if the roles were reversed. The Government is in urgent need of a backbone transplant. News Source
-------------------------------------------------------------------------------------------------------------------------------
If we let the security services have their way, we would probably all end up with barcodes on our foreheads, CCTV cameras in our bedrooms and listening devices in our cars.
The argument that 'you can't be too careful' is a standing excuse for continuing obsessive surveillance of the innocent - just in case.
It is a very bad principle. And, after several years of giving in to it, the British people are beginning to have doubts.
This summer, as we plod through airports with our shoes in one hand and our belts in the other, while our contraband handcream is confiscated by boot-faced jobsworths, we must now contemplate the prospect of being fingerprinted the next time we travel.
No doubt we will be told that this is for our own good and safety, and expected to button our lips.
But the real reason for this intrusive and demeaning procedure is the commercial greed of BAA, which wants to be sure that as many passengers as possible get as much exposure as possible to as many shops as possible.
The Information Commissioner, who rightly mistrusts the idea, has already scotched it once when it was proposed for Heathrow's Terminal 5.
But BAA remains determined to have 'open lounges' where all travellers - domestic and international - mix together.
We can hardly be surprised that BAA wants to maximise its income. But what is inexplicable here is that the Government seems to have given no thought to the alternative of continuing to separate domestic and international passengers.
Governments are supposed to judge wisely between competing interests, not to collapse under pressure from fat commercial lobbies. Continued
-------------------------------------------------------------------------------------------------------------------------------
Getting rid of Gordon Brown could be the difference between honorable defeat and total wipeout at the next election.
To a much greater extent than is generally acknowledged we use events to justify conclusions that we were already minded to reach. When David Cameron's bicycle was stolen in Notting Hill this week, the media represented him sympathetically as an ordinary guy doing the shopping, and sharing - albeit involuntarily - the grief that crime causes his fellow citizens.
If Gordon Brown's bike had been nicked in identical circumstances we would have dubbed him a prat for chaining it to a stub from which it could be easily lifted, and described the incident as yet another stumble for a hapless politician who seems incapable even of taking his bike down to the shops. Apparently objective facts can be arranged to point in quite various directions.
And so, in the Glasgow East by-election, a couple of hundred votes one way rather than the other tipped the balance towards a result that we are ready to pronounce “devastating”. Yet those few hundred votes - that narrow defeat - weren't what is important. A narrow Labour victory would have pointed equally to a horrible outcome for Gordon Brown's administration in any nationwide election, confirming what the polls have been showing for months - that the Government is unpopular and heading for defeat at the next election.
For Labour the by-election has simply clothed in flesh a problem that was hanging in the air. The loss of Glasgow East is a cipher for deeper anxieties - and, just possibly, an excuse for the party to grab its fate by the collar and ask the question that it shrank from asking a year ago: does it really trust Gordon Brown to lead Labour into the next election?
Will Labour face or duck that question? Among MPs and sympathisers whom I talk to there seem to be three opinions: 1. Carry on regardless; 2. Postpone the decision until after the party conference in the autumn; or 3. Start the ball rolling to replace the leader now.
The real choice is between 1 and 3. To postpone the decision until autumn is a cop-out, a cloak for doing nothing. Next autumn equals never.
If in its heart the party wants to carry on regardless, that's fine. There are occasions in history when hammering on and hoping for the best has paid dividends. Paralysis is a respectable option. Continued
-------------------------------------------------------------------------------------------------------------------------------
This is what the new political map of Britain would look like if David Cameron won a landslide general election victory.
If an election were called tomorrow, the Tory leader could well expect to sweep the board with a victory similar to Tony Blair's triumph in 1997. While there has been speculation about what Britain would look like if last week's Glasgow East by-election swing of 22 per cent were repeated throughout the country, strategists know that is all but impossible.
A more likely scenario is a 10 per cent swing to the Tories. If this were achieved - alongside a corresponding 10 per cent swing to the SNP in Scotland - key Cabinet ministers would lose their seats, including Jack Straw, the Justice Secretary, Lord Chancellor and MP for Blackburn; Jacqui Smith, Home Secretary and MP for Redditch; Des Browne, Defence Secretary and MP for Kilmarnock and Loudoun; John Hutton, Business Secretary and MP for Barrow and Furness, and Ruth Kelly, Transport Secretary and MP for Bolton West.
Labour could also lose many of its future hopefuls, raising the possibility of its being consigned to the electoral wilderness for decades. On an 11 per cent swing, Andy Burnham, the Culture Secretary, tipped as a future leader, would go, as would James Purnell, the Work and Pensions Secretary.
Mr Cameron would have a Commons majority of 90. The Conservatives would have 370 seats, Labour 193, the Liberal Democrats would have 54 seats and other parties 33. Continued
-------------------------------------------------------------------------------------------------------------------------------
The largest provider of NHS bedside phone services has gone into administration with debts approaching £90 million.
Despite complaints about the high cost of phone calls charged to patients using its services, Patientline was unable to make a profit and applied for its shares to be suspended from trading on the London Stock Exchange on Friday.
The service had incurred the anger of patients' families who had to pick up the bill for the 49p per minute cost charged to patients for receiving incoming calls at their bedside.
The Patients Association, a charity, had received dozens of complaints from poor families who had spent over £100 keeping in touch with a relative in hospital.
Patientline was launched in 1994 to win contracts from NHS trusts to install beside consoles providing phones, television and entertainment to sick and recovering patients. But it was later persuaded by the Department of Health to upgrade the equipment so it could be used by doctors to call up patient records at their bedside and for patients to order meals. Continued
-------------------------------------------------------------------------------------------------------------------------------
Grim economic figures out yesterday show that the UK is on the brink of a recession, experts warned last night.
The economy grew by just 0.2 per cent in April, May and June, official statistics revealed.
Along with the first three months of 2005, it was the weakest quarter for seven years.
It meant the economy grew at an annual 1.6 per cent, the slowest for three years. The Office for National Statistics pointed mainly to weakness in housebuilding and construction.
Crunch
The economy is officially in recession when it has suffered two consecutive quarters of negative growth.
Hetal Mehta, of the Ernst & Young ITEM Club, said last night: “These numbers increase the risk of recession.
“The impacts of the credit crunch and the squeeze on real incomes caused by rising commodity prices are clear.”
Paul Dales, UK economist at consultancy Capital Economics, said: “An outright recession is now our central scenario.
“With industrial production having fallen in both the first and second quarters, industry is already in recession.”
Howard Wheeldon, of broker BGC Partners, added: “Negative growth will surely be the name of the game for the next few quarters.” News Source
-------------------------------------------------------------------------------------------------------------------------------
The record industry is as outdated as shipbuilding. Artists no longer need it to get their music out.
The record companies are once again crying over spilt milk. When they experienced a windfall from the compact disc in the Eighties, instead of giving back the love, the industry made the customer feel guilty with its “home taping is killing music” campaign.
Now it is trying to stop illegal downloads by brokering a deal with internet service providers to reduce internet speeds for transgressors. But the £1 billion that the industry estimates it will lose in the next five years due to file sharing is already long gone. The game changed years ago, and a generation has grown up believing that it doesn't have to pay to hear music. It's hard to see why even younger fans would feel different.
The BPI, the industry's trade association, has spoken of a “richer, legal music downloading experience” on the way, which is like a power company promising a more fulfilling electrical connection. EMI is like Vickers and CD production is like shipbuilding - the old model is crumbling. A small label could issue, say, an old Manfred Mann album licensed from Universal for about a sixth of what it would cost Universal itself to put it out. The infrastructure of these companies is labyrinthine and outmoded; trying to cover their overheads with threatening letters and guilt trips won't stop that.
The long-term prospects are bleaker still - new technology has made music a cottage industry. It is so cheap to get recorded music to the audience that artists no longer need a major label. The industry has been in a similar quandary before; rock'n'roll and, later, punk created an opportunity for DIY labels, run out of bedrooms and shacks, to tear huge chunks out of the lethargic, lumbering majors. The present problem, however, is more long-term. Continued
-------------------------------------------------------------------------------------------------------------------------------
Britain imports more illegal timber than almost any other country in Europe, a new report claims.
Almost one-fifth of wood imported into the EU in 2006 came from illegal sources, according to WWF. And the UK imported 3.5m cubic metres of illegal wood making it the second biggest importer behind Finland.
This included the biggest quantities of furniture, finished wood products, sawn wood and plywood of all EU states.
WWF claims that in total the EU imported between 26.5m and 31m cubic metres of illegal wood and related products in 2006, equal to the total amount of wood harvested in Poland in the same year. Most came from Russia, Indonesia and China.
The conservation organisation claims its findings demonstrated the need for stronger European laws to prevent illegal wood entering EU markets. Continued
-------------------------------------------------------------------------------------------------------------------------------
Note: Previous Links have been Archived under More News
-------------------------------------------------------------------------------------------------------------------------------