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SOMETIMES an analogy strikes you on the head with the force of a plummeting cricket ball. On Radio 4 yesterday, Hamish Johnson, editor of physicsworld.com, had the brilliant insight to explain the British government’s policy in terms of physics; Schrödinger’s Brexit.

The poor cat is stuck in a box with a radioactive substance and a poison; when the substance decays, the poison is released. Since it is impossible to predict when the substance will decay, the cat may be deemed simultaneously alive and dead. The only way to know is to open the box.

Before Britain voted to leave the European Union in June, then prime minister David Cameron promised to trigger Article 50 (the exit mechanism) immediately. Five months on, Article 50 has yet to be triggered. The new prime minister, Theresa May, has promised to do so by the end of March. But in terms of what Britain wants, we have heard nothing but platitudes: “Brexit means Brexit”, or “have our cake and eat it”. Pushed for details, Ms May has said there will be “no running commentary” on negotiations. In fact, it is quite easy to do a running…Continue reading

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El 73% del capital del RBS está en manos de las administraciones públicas británicas

El supervisor exige una solvencia de máxima calidad del 7,375% a CaixaBank, del 7,875% a Bankia y del 7,375% a Sabadell. Leer

RBS suspende el test de estrés realizado por el Banco de Inglaterra para medir la solvencia de las grandes entidades. Leer

El guardián de la política monetaria europea anuncia que los tipos de interés subirán cuando culmine la recuperación

Ricardo Sanz y José Antonio Aparicio son la cara y la cruz de un negocio que a pesar de la crisis innova y crece sin aplicar recortes, y en el que no es sencillo subsistir incluso con sobrados méritos y galardones Leer

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