All posts by Moderator

Transcript: Bethany McLean (Enron & Fracking)

    The transcript from this week’s MIB: Bethany McLean, is below. You can stream/download the full conversation, including the podcast extras on iTunes, Bloomberg, Overcast, and Stitcher. Our earlier podcasts can all be found at iTunes, Stitcher, Overcast, and Bloomberg. ~~~   This is Masters in Business with Barry Ritholtz on Bloomberg Radio. BARRY RITHOLTZ, HOST, MASTERS IN BUSINESS: This week on the podcast,…

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Change in student loan accounting could add £10bn to national debt

Possible decision by ONS would reopen question of funding of students in England

The government faces an extra £10bn being added to its borrowing as the result of a radical shake-up in the accounting for student loans, with experts warning of increased uncertainty over the outlook for university funding.

The Office for National Statistics is due to announce its plans to change provisions for student loans in the UK’s national accounts, with any change likely to affect the government’s public sector deficit policies and throw open questions about how students in England are funded.

Related: Struggling UK universities warn staff of possible job cuts

Related: Second parliamentary committee calls for means-tested student grants to be reinstated

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Brexit hasn’t broken UK plc but it has stopped vital repairs

The chance to mend the British economy’s well-documented problems is being lost in a sea of uncertainty

It was supposed to be over by Christmas, yet the never-ending chaos that is Brexit and the search for a deal keeps rumbling on. Theresa May might have survived her confidence vote, yet with it she became the greatest lame duck prime minister in modern history.

From the few options for the way ahead, none seem workable as things stand. May’s deal, even with a few tweaks, is unlikely to pass without wholesale reform. It appears dead in the water after her latest failed dash to Brussels. The best she could muster on her pre-Christmas shopping trip was the political equivalent of a limp bow to wrap around a gift that is as unappealing to her party as the proverbial lump of coal.

Related: A people’s vote on Brexit used to be a distant hope. Not anymore | Matthew d’Ancona

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10 Sunday Reads

My easy like Sunday morning reads: • The 2018 Jealousy List (Bloomberg Businessweek) • At Goldman Sachs, the David Solomon Era Begins with Subtle but Significant Changes (Vanity Fair) • Michael Cohen’s New Home (Institutional Investor) • The Oil Industry’s Covert Campaign to Rewrite American Car Emissions Rules (New York Times) • The benefits of this ‘strong economy’ have not reached all Americans (Washington…

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