Student Loans Swindle 2: Cash from chaos

A month ago I wrote about the weird world of Student Loans and how they are accounted for by the Government. /https://jon-chadwick.com/2018/11/17/the-great-student-loans-swindle-its-a-swindle-a-swindle/ Today the Office of National Statistics published their review of Student Loans accounting, which makes some big changes to how the Government calculates the deficit (but not national debt) https://blog.ons.gov.uk/2018/12/17/accounting-for-student-loans-how-we-are-improving-the-recording-of-student-loans-in-government-accounts/ In short an… Read More Student Loans Swindle 2: Cash from chaos

Interserve Overdrive

A few months ago I wrote about the collapse of Carillion, and drew comparisons between their collapse and the Government outsourcing industry in general. https://jon-chadwick.com/wp-admin/post.php?post=946&action=edit This week Interserve have announced they are negotiating a financial recovery package.  This news led their shares to slump to 24p each, down from 660p 3 years ago.   Interserve turn… Read More Interserve Overdrive