Simon Nixon

Columnist and European Editor, Heard on the Street, Wall Street Journal

About

Chief European Commentator, The Wall Street Journal. Britisher. Seeker after truth. Where there is discord, may I bring harmony.

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Cameron Slips in E.U. Oil-Slick - UK PM shouldn't spare public "tedious details" of his latest EU humbug. My blogpost on.wsj.com/10OXERD

Cameron Slips in E.U. Oil-Slick

blogs.wsj.com — One reason why the British public is skeptical about membership of the European Union is that the quality of debate is so risibly poor. British politicians feel under pressure from a euroskeptic public and media to present every E.U.-related story in the most negative light, casting even straightforward negotiations as great battles to defend British interests against the Brussels monster.
Cameron says "I won't go into tedious complexities" on why UK passively acquiesced in EU olive oil ban. Why not?
Bizarre: David Cameron attacks EU olive oil jug ban that UK government helped pass by refusing to join Dutch veto! soa.li/86IvjRe
Clearly going to be some continuity at the BOE. Carney already copying King by lecturing ECB on how to do its job. #theinflationmancometh
Now RBS confirms it won't be raising capital either. And with that, Mervyn King's GBP50 billion capital hole has vanished. #justlikethat
So end result of Mervyn King's destabilising year-long capital crusade is that Lloyds doesn't have to raise a bean
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