Long ago in the mists of time this blog was started to provide an outlook on both the business world and how it interacted with the political world, with the UK as a general model. Today sees two huge stories that demonstrate how closely linked both are by the filthy lucre.
On the one hand, the desperate Chancellor 'Badger' Darling is in a hole with few ways out. Northern Wreck lies on the state balance sheet accumulating more debt from the Bank of England and is a blight on our financial stability and hole beneath the water of government credibility. Out of the business world rides Richard Branson. A man many dislike but who is a truly successful and canny businessmen. He can see the Government writhe and offers a deal which is unpalatable to shareholders; but which will be forced through by a government desperate for a White Knight.
On the other hand, you have the opposite to Branson, a small time businessman from the North East who knows how Labour works and how dependent it is on even small financial favours. By buying his influence he made himself a nice turn; now this is exposed it has cost the heads of a few party apparatchiks...with maybe more to come?
And yet the second tale which has cost reputations and jobs for Labour is over half a million pounds odd of donations; a small entry in the accounts even for a political party. Wrong yes, but small fry. The former story which has cost no one in Government is a massive hole that will cost a billion or more of taxpayers money.
How strange outcomes can be when you mix business and politics.