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

My last full length blog was a deep dive into the weird world of student loans financing, a mess so big that it will take years to unwind. Two people separately approached me and raised the issue of the Apprenticeship levy.  You know who you are. For those who don’t follow education policy the levy… Read More Took my apprenticeship levy, but the levy was dry

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