Shocks & Stares » Liberal Democrats http://blogs.hillandknowlton.com/shocksandstares H&K\'s Financial & Professional Services Team Blog Tue, 19 Mar 2013 08:00:56 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 FPS’ Friday Fiver http://blogs.hillandknowlton.com/shocksandstares/2011/09/fps-friday-fiver-20/ http://blogs.hillandknowlton.com/shocksandstares/2011/09/fps-friday-fiver-20/#comments Fri, 23 Sep 2011 13:04:41 +0000 Edward Jones http://blogs.hillandknowlton.com/shocksandstares/?p=294 Known unknowns…

Frank Portnoy, Professor of Law at the University of San Diego has written a fantastic article in today’s FT on market uncertainty, rogues, risk taking and trust in banks. The best we’ve seen and rather frightening, Dr Doom would be proud, because ultimately, however much we regulate, we are only basing decisions on what has happened in the past, rather than what could happen in the future – i.e, Greece defaulting.

Every picture tells a story…

Photograph: Dan Kitwood/Getty

Indeed this photo, featured in Jackie Ashley’s excellent comment piece on what the future may hold for the Liberal Democrat’s (it’s a fairly bleak outlook) tells a very specific story of the Liberal Democrat’s past; the good intentions of fresh faced Lib Dem MP’s. Contrasted this week, with the harsh realities of Government, and the tensions between the two, superbly captured in Danny Finkelstein’s commentary.   

F8: The media story of the week…

Facebook and Spotify have teamed up to bring free music to Facebook users and announced the fruits of their labours this week with this video. Mashable provide a better summary than we ever could, but this is certainly worth knowing about.

“Disastrous miscalculation” – but by whom?

Yesterday Kweku Adoboli, the UBS trader accused of losing £1.5 billion, appeared in court on charges of two counts of fraud and two of false accounting dating back to 2008. During the hearing his lawyer said that he is “sorry beyond words” for his actions.

Mr Adoboli is not the only one who should be sorry – or worried. Mr Adoboli actually shopped himself; it was not the UBS risk or compliance teams that picked up on his reckless behaviour. This presents a massive problem for UBS and its internal control systems as they have been shown to be unfit for purpose.

“Disastrous miscalculations” have certainly been made, both by an individual and an institution.

Get set for the iphone 5…

Infographic: Dusan Belic, IntoMobile

 

The ‘will they, won’t they’ speculation was all a bit much for the iPhone junkies around the office this week, and despite the lack of information coming out of Apple themselves, we think all this confusion just makes for an even bigger launch when the iPhone 5 actually hits the stores – and we can’t wait.

]]>
http://blogs.hillandknowlton.com/shocksandstares/2011/09/fps-friday-fiver-20/feed/ 0
Labouring forward http://blogs.hillandknowlton.com/shocksandstares/2011/06/labouring-forward/ http://blogs.hillandknowlton.com/shocksandstares/2011/06/labouring-forward/#comments Wed, 08 Jun 2011 13:23:48 +0000 Edward Jones http://blogs.hillandknowlton.com/shocksandstares/?p=161 In recent days, I have read an increasing amount of commentary on the relative inability of Labour and its leader Ed Miliband to cut through to the media and by default, reach the public. Those I’ve spoken to have suggested that in opposition, Labour just weren’t prepared for the lack of column inches they would get. A problem exacerbated by the presence of Liberal Democrats as the main agitators to Government by virtue of their, albeit limited, status as coalition partners.

Two articles particularly caught my eye: Dan Hodges posted on Labour Uncut Time for Labour’s flat earthers to get real, an insightful commentary of Labour’s self perception as being too right wing, when in fact, the contrary is true; I’d thoroughly recommend reading it. Most I’ve spoken to have said this is spot on. So I was interested to read this morning on FT’s Westminster blog about Labour’s attempts to re-engage with business, an area most would associate with those on the centre-right of the political spectrum. Not a prawn cocktail offensive on the scale of the mid-nineties, John Denham (Shadow Business Secretary) is keen to establish, but it is telling to see Labour’s recognition of the need to rebuild credibility with this audience.

I suppose acknowledging the problem is the first hurdle to remedying it. Others would argue Labour needs to go much further in acknowledging the extent of the problem(s). However, engaging business is wholly necessary if Labour are to hold the Government to account more effectively and longer term, be a credible alternative to the Coalition.

Business too should not ignore the importance of engaging Labour given they’re currently undertaking a policy review, their role in holding the Government to account and the fact that they will in time, be an alternative to Government.

As highlighted by PoliticsHome’s Dot Commons’ Diary, Ed Miliband himself was at pains to thank journalists for their kind words following his wedding day. In Social Care, he seems to have found an issue to generate media traction. It will be interesting to see whether he can take this form into business and economic issues.

]]>
http://blogs.hillandknowlton.com/shocksandstares/2011/06/labouring-forward/feed/ 0