HS2

Selling out, buying in

It's your money but they waste it

The original Mr Bean The original Mr Bean

Poor old Vince Cable. Like his party his fortunes are on the way down. The Liberal Democrats look to be stuck as the fourth party in UK politics several points below UKIP for the foreseeable future. While the performance of the LibDem Leader, Nick Clegg, must be responsible for some of this he cannot shoulder all the blame; so attention switches to the coalition Business Secretary, Vince Cable. The National Audit Office says that the Royal Mail privatisation was wrong to sell the shares too cheaply and this has cost the taxpayer £750 million.

However, Cable is very proud of the way he handled the sell-off and has refused to resign. Perhaps we have to feel a little sorry for Cable as way back in late 2007 he was the Leader of his party and in a position to dish it out to Gordon Brown. It was during a debate on defence that Cable said -

The house has noticed the prime minister's remarkable transformation in the past few weeks - from Stalin to Mr Bean.

We now see that having a go at Brown was not only easy, he was a natural target, but the high-water mark for Cable. What a turn-around that Cable now finds himself being biffed by Chuka Umunna, the shadow business secretary.

More from Andrew Gilligan

HS2 and Hacked Off get the drubbing they deserve

Gilligan and bicycleGilligan and bicycle
We have praised the work of Andrew Gilligan before, he has an eye for transport matters, he is the Cycling Commissioner for Mayor of London Boris Johnson. And has been following the HS2 saga. His report in the Telegraph sums it up well, recommended reading, as so is this. For stupidity the HS2 ranks alongside global warming and in a similar fashion has fiddled statistics to 'back it up'.

Next Gilligan looks at press regulation. You may say it's just a journalist looking after himself and his trade following severe ctiticism of the ethics of some newspapers. No that's too simple.

Transport, jobs and politics, are we on the right track?

Cameron is in another fine mess of his own making

BREL built locoBREL built loco
The news about the problems at locomotive builder Bombardier leading to the closure of the Derby works brought forth a range or reactions; the ritual gnashing of teeth being the one the MSM liked best. However, the first wave of reporting left out as much of this story as it reported. A typical MSM headline talking about Bombardier as 'the UK's last train maker' was not an incorrect statement but it would be wrong to try to pass off Bombardier as the last British train maker, for it is an enormous Canadian company. So the 1,400 jobs at the Derby HQ, while vital to Derbyshire, are perhaps no more than natural employee flows over the whole of the company on a global basis.

Syndicate content