A wise businessman (I'm guessing that they are wise as they're still in business) told me that the best tine to pick up a bargain - such as a new company - is during a recession as the value plummets.

Right now I bet they're wetting themselves with delight as our Prime Minister has today announced that he intends to sell £16,000 million of public assets to raise short term capital.

During the biggest global downturn in living memory. Brilliant.

Well, it's official, as a country we are the chavs that appear on Ocean Finance ads when they've got too far out of their depth and start pawning the family silver.

I'm not usually a huge fan of my local authority, especially when it comes to selling off land / buildings that are surplus to requirements as they simply get the highest price possible, citing "Value for Money." which usually means that land which could be better served as a park will become a car park. But in this case, if our central govt. are insistent on selling off public assets, they had better bloody get the best possible price!

Just one request. If this is his idea of financial management when in charge, would it be too much to ask an auditor go in and assess what he must have been upto when he had control of the country's bank balance?