Ron Delnevo's Blog

We live in a troubled world, one in which democratic freedoms only gained within the last century or so - and yet to spread around the planet - are facing massive challenges. When the Berlin Wall fell in 1989, there was a surge of hope that deposing of the oppressive regimes of Eastern Europe would see the democratic rights of the West enjoyed by all Europeans. Alas. Twenty years later, the Ara....

In 2010, we were told that austerity was needed because the UK National Debt was out of control. In 2010, the National Debt was £1.2 Trillion. Tomorrow, the Chancellor is seemingly going to announce a "spend, spend, spend" budget. Today, the National Debt is over £2.3 Trillion. The difference? No one now believes the National Debt can be brought under control any time soon - or, i....

On 1st July 2021, the UK Government announced an "Access to Cash Consultation". Legislation is promised on access to cash, with this consultation seeking views on "establishing geographic requirements for the provision of cash withdrawal and deposit facilities, the designation of firms for meeting these requirements and establishing further regulatory oversight of cash services provision". I ....

You have to understand history to understand the position the UK public find themselves in today in relation to debt. The recent history of cash is closing connected with the changes in Personal Debt. Here's a very simple timeline 1954 - the end of WW2 rationing. The UK government has a choice. Increase wages to allow the public to fund post-rationing aspirations - or allow the public to get int....

In 2013, David Cameron promised that a referendum on the UK's future relationship would be staged if he won the next General Election. Eight years on, my feeling about the intervening years is crystal clear; they have been a total waste of time. Nearly a decade of discussing nonsense. Now, as 2021 begins, as the UK tries to looks forward, the question is to what? * A UK National Debt that is t....