Two bits of interesting news this morning.
Sky news is reporting that the government is preparing contingency plans in case Thames Water collapses. How a monopoly supplier of something every single one of its customers cannot manage without can have problems is beyond me.
Secondly every single member of the Royal Institute of Chartered Surveyors supervisory board has resigned, with no reason given. A strange and troubling move, you might think.
What seems to link the two stories is that weak or non existent external regulation, is not a good sign. In fact it seems to be a guarantee of a mess, somewhere down the road.
But there is obviously nothing to see here, that might undermine confidence in the UK’s economy, its management and regulation.
Economics, trade and Brexit, not necessarily in that order but the dog always comes first.
By Jonty Bloom Media
RICS supervisory board resignation. I searched on the web and see no mention? Can you direct me to your source?