Now this is really interesting. The Grauniad talks to some drug dealers about how they use bookies’ video roulette machines to launder their earnings. The main reason to do this is that they issue receipts, which permit you to explain to the police (and also the Revenue) why you’re carrying so much cash. It’s also…
Read More A case study in cluster spillover from the financial services sectorI’ve recently started reading Ralph Miliband’s Socialism in a Sceptical Age. Partly because someone on twitter wants to quote Ralph every time Ed says something, here are a couple of points so far. RM felt that the power of Big Media was akin to the power to raise a private army, and he says this…
Read More A little Ralph Miliband bloggingAmazingly depressing news about Steve Prescott. I remember his second try at the 1996 Challenge Cup final vividly – spotting he wasn’t going to reach a chip kick from Bobby Goulding, he kicked it ahead on the volley as if it was a football, and guarded the bouncing ball closely until he was certain of…
Read More Steve Prescott