The sign of a good manager is that he knows how to delegate jobs to people that he trusts. Obviously GB has either not learned how to delegate or he doesn't trust AD to get it right. To try to do both jobs obviously doesn't allow him to give his full attention to either, and it shows!!
GB sounded like a man in a daze, repeating the 'global' mantra over and over, with little concrete to say on how we can get out of this mess. One minute we are told we are 'worst-placed' to see it through and then GB says we are 'better-placed' than others. Take your pick who to believe!
The term "saver" is a little misleading in many cases.
What many of us are trying to do is not save any longer, but live off the interest produced by the lump sum. Anyone doing so will have seen a savage fall in their income recently with more cuts likely unless they're fortunate enough to be on a fixed rate deal.
To add salt to the wound, we'll eventually finish up with high inflation eroding the value of the lump sum further.
As I have said before on this matter anyone who has money to save should just be grateful that they have savings. There are plenty who through no fault of their own will never be able to save any money but just live from day to day in poverty.
Gordon Brown and Darling might be batting for a stronger and wiser economy,in the foreseeable future. But its the civil servant's or service back-room boys and girls who have the task of making the final books balance, and I believe a 43 year old man is in charge of this task of borrowing from Peter to pay Paul!.
It's expected on Thursday, that a few more billions are being thrown at the banks, to help support the economy. But this time more stringent rules and regulations are being put into place so that the distribution of wealth is more even, or at least more in the publics interest.
Cobblers My income has gone down considerably in recent months, due to this utterley incompetant government. Other people are not my problem, but the lump sum I'm trying to put away for my forthcoming retirement is. All I want is for things to get back to normal, with sensible interet rates.
You say that "Other people are not my problem, but the lump sum I'm trying to put away for my forthcoming retirement is" so am I to just put you down as very selfish then? I would have though you would have considered yourself very luck to be able to put money away for your retirement,there are plenty who will never be able to do so.