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Gavin Oldham

Thought for the Week: Private Equity undermining the UK’s role in global finance

Gavin Oldham
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Thought for the Week

Thought for the Week: Private Equity undermining the UK’s role in global finance
The Bank of England has sounded its strongest warnings yet of the danger to financial stability from Private Equity, and the London Evening Standard simultaneously reported the serious attrition of London Stock Exchange trading activity. We explain the close connection between these, and call for a more global perspective. It's important that both Finance and Government rise to this challenge, so that the United Kingdom can continue to provide a leading role in the development of the global manifesto for which we called on 2nd January. Background music: 'Dark Alley Deals' by Aaron Kenny
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Gavin Oldham

Thought for the Week: Mexican Stand-off over Health

Gavin Oldham
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Thought for the Week

Thought for the Week: Mexican Stand-off over Health
Rachel Reeves points to a sea change in economic policy, 'As we did at the end of the 1970s, we stand at an inflection point': but there's no indication, apart from a tiny hint of criticism for an 'inflexible welfare state', of moving away from the socialist dogma which is ruining health services in the United Kingdom. Meanwhile the Conservatives' fear of losing electoral support among the elderly leaves them incapable of introducing mandatory health insurance for wealthy old folk which the NHS can draw down as it's used. It's a confrontation where no strategy exists that allows any party to achieve victory — the only way through is to look for a consensus. Background music: 'People Watching' by Sir Cubworth
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Gavin Oldham

Thought for the Week: Memory and Copyright

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Memory and Copyright
The science of memory and how it shapes us is the central question in Dr. Charan Ranganath's new book. It's an absolute truism that memory is deeply personal and individual to each one of us, but does it really vest in the neurons in our brain, or in our soul? In contrast, human creativity is not the possession of intermediating corporations but a collage gathered from right across the great human family. Antiquated copyright legislation is really showing strains as generative AI emulates the thinking process: it's time to overhaul copyright law, and for everyone to share the benefits. Background music: 'In Memory of Jean Talon' by Mini Vandals
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Gavin Oldham

Thought for the Week: Shifting the Burden Stealthily

Gavin Oldham
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Thought for the Week

Thought for the Week: Shifting the Burden Stealthily
Jeremy Hunt's focus on young working people, by making a further significant reduction in employees' NI, is welcome; but his overall strategy is cloaked in disguise. As Michael Gove made clear in February, young people need direct economic encouragement: for example, the omission of any mention of unclaimed adult-owned CTFs indicates more of a studied indifference from HM Treasury. Background music: 'Hidden Agenda' by Kevin MacLeod - http://incompetech.com/music/royalty-free/index.html?isrc=USUAN1200102
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Gavin Oldham

Thought for the Week: Counteracting Fear and Greed

Gavin Oldham
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Thought for the Week

Thought for the Week: Counteracting Fear and Greed
Rishi Sunak's call for tolerance in Downing Street on Friday 1st March was couched in terms of hard work and endeavour, which are generally associated with self-interest; but what's really needed is convergence based on generosity of spirit, starting with tolerance and journeying through respect for others, no matter how different they are, towards unconditional love. Background music: 'Resolution' by Wayne Jones
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Gavin Oldham

Thought for the Week: New Approach needed for Bequests

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: New Approach needed for Bequests
The birth rate is falling swiftly, leaving wealthy old folk with their ever greater reserves looking for a home. Meanwhile Professor Eric French and his colleagues ask, 'Why Do Retired Households Draw Down Their Wealth So Slowly?', showing how in the United States 80% of bequests are left to an ever-decreasing number of descendants, and just 2% to charity. It's time for a re-think whose purpose is inter-generational rebalancing. Background music: 'Young And Old Know Love' by Puddle of Infinity
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Gavin Oldham

Thought for the Week: What's required for a good start to adult life

Gavin Oldham
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Thought for the Week

Thought for the Week: What's required for a good start to adult life
Much like Sir Keith Joseph, Michael Gove provides intellectual stimulus for the Conservative Party. 'Breaking the cycle of deprivation' was Keith Joseph's strategy in the mid-70s, but after 32 years of Conservative governments there's little progress to show. Is Michael Gove just talking about housing or can he tackle the wider issue, including unclaimed Child Trust Funds? Background music: 'Waiting' by Andrew Langdon
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Gavin Oldham

Thought for the Week: The Word we stretch

Gavin Oldham
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Thought for the Week

Thought for the Week: The Word we stretch
With 1.45 billion speakers, English may be the most commonly spoken language across the world, but it displays a real poverty with the word ‘love’. It's not often that St. Valentine shares the same day as Ash Wednesday, but this year the essence of sexual attraction converges with the unconditional love of God at the beginning of Lent, providing a pointer to the contrasting splendours of this wonderful word. Background music: 'Forever Yours' by Wayne Jones
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Gavin Oldham

Thought for the Week: Manifesto for Manifestos (UK)

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: Manifesto for Manifestos (UK)
Universal provision of free health and social care plus the payment of interest on government debt comprise nearly two-thirds of UK public spending. We need fresh polices underpinned by a new set of principles appropriate for the 21st century, and political advisers and pundits would do well to check our Thought for this week when constructing their manifestos for the approaching UK general election. Background music: 'Everything Has a Beginning' by Joel Cummins
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Gavin Oldham

Thought for the Week: What is Truth?

Gavin Oldham
Original Broadcast:

Thought for the Week

Thought for the Week: What is Truth?
We see distortion of the truth in holocaust and genocide denial, in Donald Trump’s refusal to accept his myriad of indictments, and in Putin's denial of invading Ukraine two years ago. Dishonesty and exaggerated claims are commonplace on social media and even work their way into corporate and public bodies, such as we've recently seen in the sub-postmasters’ scandal. Is our increasingly secular society losing touch with its moral compass? Background music: 'Dark Alley Deals' by Aaron Kenny
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