From striking tube workers to boorish basketball billionaires, it’s been an interesting week in the news. Here are my thoughts in brief:
Tube strikes: London is brought to a grinding halt – once again – by striking Tube workers. It’s time TfL staff, protesting against ticket office closures, accepted the truth: you cannot halt the rise of technology. Like it or not, it’s the way of the world. Stop punishing London workers for it.
The Co-Op Bank: I knew the bankers who played the share markets were reckless idiots but hoped that those who managed the consumer banking arms, such as the Co-operative, were more careful. Not so. The more that emerges about the mismanagement of the Co-operative and its merger with Britannia, the more frightening it is. No wonder the Co-op recently announced £2.5 billion loss.
Basketball ban: The owner of the LA Clippers, Donald Sterling, has been fined US $2.5m (small change to the billionaire) and given a life ban from attending NBA games after asking his mistress to stop bringing black guests to matches. Some people say the NBA’s reaction was over the top, given the comments were made in private. I think it was a sterling decision.
UKIP: One word, nutters.