Saunderson House: The situation in Greece

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30 June 2015


Saunderson House200The Greek debt crisis deteriorated further at the weekend. Not only did talks between Greece and its creditors break down without agreement but the Greek government also announced a referendum (to be held on Sunday 5 July) to consult the electorate on whether to accept the bailout terms offered by the EU.
This step effectively ended all negotiations as the Greek government is no longer in a position to sign any agreement in advance of the referendum results.
See Saunderson House’s investment bulletin here.



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Court modernisation: Court Service spins response to NAO report

Roger Smith

After months of debate on the court modernisation programme led by Her Majesty’s Courts and Tribunals Service, we now have an authoritative analysis from the National Audit Office. HMCTS chief executive Susan Acland-Hood professed herself happy. The report was “helpful and constructive”. She was pleased that “the NAO acknowledges our ‘early progress’”. Her comments were more reflective of spin than the span of the NAO report. The NAO acknowledges the ambitious nature of the reform. But comments like “HMCTS’s change portfolio presents a very significant challenge” need minimal decoding to reveal a bit of concern.

May 17th, 2018