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"Keir Collection."
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The key question underlying Badenoch’s call for grooming gangs probe
In her view, the mistake of the Jay inquiry (whose terms of reference were set by a government in which she was a power player) was in investigating the grooming scandal alongside 14 other cases of child sexual abuse, including but not limited to: child sexual abuse in the Anglican Church and the Roman Catholic Church, in children’s homes in Nottinghamshire, in care homes in Lambeth, to foster children sent overseas — predominantly to Australia — to foster families and institutions by the UK government, the abuse of young boys by the then MP for Rochdale, Cyril Smith, in Rochdale and the surrounding areas, and of young people in youth offender centres. [...]we do not have a clear picture of the age, gender and ethnicity of either group. Thanks to the improvements in data collection recommended in Jay’s review, in November we got detailed, high quality data about 115,489 cases of child sexual abuse in England and Wales, of which 4,228 were “group-based”.
Newspaper Article
How Trump, Starmer and Macron can avoid a debt crunch
[...]Uncle Sam paid an average interest rate of 3.4% in the fiscal year that ended in September—lower than the 4.4% now available on ten-year Treasury bonds. Foreign-currency debts are vulnerable to a doom loop in which a plunging exchange rate makes them unaffordable, which causes the currency to devalue even more. [...]countries borrowing in their own currency have far more scope to suppress interest rates that threaten to make their debt unsustainable—the third challenge of running a large deficit. [...]any strategy for running large deficits bangs up against an iron law: you have to stop at some point.
Magazine Article