Thursday 30th April.

I returned to Cambridge for the second time in a week. Lovely place nowadays..

The reason for this quick return was to hear BBC Business Ed Robert Peston do a talk on his favourite episodes of Star Trek..Or as you could say, the UK Economy, as it 'boldly goes, where no economy has gone before..'

Quite worrying figures were posted in his presentation.. Basically debt both Private, Public and Corporate had reached 300%+ of UK GDP, and as such, couldn't continue at such a growth rate. Debt had ballooned since 2001, especially, and so sort of needed a correction at some point, its just that the correction was pretty fast acting, and widespread.

It would appear that most of the figures came from another piece he wrote at the turn of the year.

He did ridicule the thoughts of some from no doubt previous years of Union hacks, who wanted to be Hedge-fund managers when they grew up.. and asked if there were any in today's crop. Just the one...

He did plug his book, but didn't hang around to sign any, unlike Clare Short had years ago.