Tag Archives: British Retail Consortium

An unfounded economy

It was hard to see through certain places, we all have that, it is not because we do not understand it. It is because the field is larger and has a few uneven spots that tend to make the situation quirky. I have been keeping my eyes on the UK for a few reasons, in the first (the selfish part) is set on an apartment and the need for either Jeff Bezos (or Sergey Brin) to wake up and take notice. The second side is that I have been to London plenty of times, as such I am not unfamiliar with the area. So today I took notice of ‘British retail faces “tsunami of closures” without rent help’ (at https://www.reuters.com/article/uk-britain-retail-rents/british-retail-faces-tsunami-of-closures-without-rent-help-idUSKCN2DA0IQ). The article makes sense and there is nothing against the article. Yet consider “The BRC’s survey found 80% of tenants said some landlords have given them less than a year to pay back rent arrears”. When you see this you want to be nasty to these evil landlords and that makes sense, but the stage is actually a lot worse. You see, shops in the city ‘hide’ behind ‘price on application’, the insanity of rental prices is to be voided at all cost, yet at the same time, I have seen annual rental prices of £1,600,000 that is well over £100,000 a month and that is merely the rent, now consider that this have been going on for YEARS. Does it even pay to have a shop in London? 

So when we now consider “With this in place, all parties can work on a sustainable long-term solution, one that shares the pain wrought by the pandemic more equally between landlords and tenants”, the words given to us by Helen Dickinson, chief executive of BRC (British Retail Consortium). Yes, I agree, she is right, but as I see it this should have been a political hot potato for well over 10 years. As rental prices spiralled, the landlords were given pass after pass, the rest either pay up or get lost. Yet the larger station is not that rent are out of control, life in London is only affordable to the top 7% income earners making it realistic that London will shrink to a population of 4.7 million soon enough and a lot of those are all over the planet at leat 50% of the time. When you consider these numbers, do you have any idea what happens to London? If London relies on 2 million people who have a global stage of spending, how long until the infrastructure of London implodes? As I personally see it, the problem was a larger stage from long before the pandemic. I saw places in London, shops where I had no clue how they were affording it, but they were there. It was as I personally saw it almost a legalised insurance scam where the tenant signed a lease that was approved by a bank, insured against bd weather, all whilst the numbers and the prices would never ever make sense. That shop should not be where it was, yet it was. I noticed it in 1997, in 1999 and in 2002. Yet the papers and the people were not asking questions, why was that? In one setting we see Matthew Carmona give us in 1997 ‘Policy is blind to their huge strategic and sustainable growth potential’, yet it is only one setting and it only works when everyone plays the rules straight, in the current setting it is a seesaw that has its axial point on one third and the short part is where the shopkeeper sits, the long end is for the landlord or the investment firm holding ownership of the building. As such the landlord needs merely 1/3 of its weight to stay ahead of the tenant, as such we could see that the rent is only for the really fat cat. So even if we agree on “if the government does not extend a moratorium on aggressive debt enforcement”, the stage is not ‘aggressive debt enforcement’, it is the setting that the seesaw is openly unbalanced and as I see it the players (banks and landlords) need to be investigated to the game that is being played and in all this the tenant has no option but to try and hope that his or her golden idea plays off. It is a game of legalised exploitation and politicians and policymakers are optionally wearing really dark glasses so that they might not notice what is going on. A stage where the people talk about ‘sustainable growth potential, yet in actuality they are saying ‘growth potential: sustainability be damned!’ And now as we see (due to something really unforeseen) the dam breaking under the colossal debts, we will get to see more than a larger tsunami of closures, when this happens the insurance people want their day in court, the hedge funds want their losses covered and optionally the landlords too, but the tenant, he or she is royally screwed. 

We understand that there is a need for rent help, yet at what stage is there a need to cover investments? What is investment without risk that can be held against the investor? It is the premise of a nanny state for the really rich, who signed up for that part?

Advertisement

Leave a comment

Filed under Finance, Politics

The new politics

I still feel shivers lately when people like Jeremy Corbyn refer to the UK as a democracy. We could overly vocal voice that leaving democracy to an anti-Semite is slightly too uncomfortable. To illustrate this I refer to the BBC (at https://www.bbc.com/news/uk-politics-45030552), The quote: “In April 2019, the Sunday Times reported that Labour had received 863 complaints against party members, including councillors. The newspaper claimed leaked e-mails it had seen showed more than half of the cases remained unresolved while there had been no investigation in 28% of them. It said fewer than 30 people had been expelled while members investigated for posting online comments such as “Heil Hitler” and “Jews are the problem” had not been suspended. Labour disputed the reports while Jewish Voice for Labour, a newly constituted group supportive of Mr Corbyn, maintained the number of cases being investigated represented a tiny fraction of Labour’s 500,000 plus membership.” is central here. I would accept ‘the number of cases being investigated represented a tiny fraction of Labour’s 500,000 plus membership‘, yet in political places, this is too much headway and too much festering, as such there is a debilitating level of mistrust when these issues are not investigated, and with almost one third not being investigated, the issue is a rather large one. Then we get to BBC Panorama’s “Mr Corbyn’s communications chief Seumas Milne – had interfered in the process of dealing with anti-Semitism complaints“, which in itself is a clear indication that the stage is much larger than we are led to believe. The BBC In August 2018 gave additional visibility not merely to his links with Terrorism, the quote: “critics have pointed out that a photograph from the event appears to show him standing opposite the graves of Atef Bseiso and Salah Khalaf, two senior PLO officers who were accused of links to the Munich attack and were assassinated“, we now have two options. Either Corbyn was played, or he is too sympathetic towards terrorists, in either case this is not some path to peace as the quote: “he had attended the event in Tunis as part of a wider event about the search for peace” was given. So either he got played (which I would accept to some degree), or he has too strong ties to extreme anti-Israel groups, either way the man should not be allowed in UK politics.

This is not merely about Jeremy Corbyn; this is a much larger setting. The setting is European. You see there is a shift going on and it is a very dangerous one. The UK is and should always be a Monarchy, as a monarchy the UK looks after ALL its citizens, rich, poor, well off and anyone not well off. This is opposing the European model which is overwhelmingly a Corporatocracy, more dangerously, it has in the last three years instilled a much stronger stage of corpocracy and these two are not the same. Let me explain.

A corpocracy is a corporate bureaucracy, characterized by ineffective management (EU Gravy train anyone?)

This is important, because this is a very dangerous stage, it affects democracy and more important deflates the long term chance that any democracy can be effectively applied. This is pushed by three parts; corporations, interest groups and what I call the Jackal gang.

I do not have to explain the corporations. The interest groups is another matter, here in one example we see in the Guardian (at https://www.theguardian.com/politics/2019/sep/04/no-deal-brexit-food-shortages-brc), in the example we get Andrew Opie, the director of food and sustainability of the British Retail Consortium telling us: “Our assessment is based on discussion with our members, who move fresh food every day, and the likely disruption“, as well as “We modelled that with our members who have told us there will be disruption to fresh food“, these statements were casually accepted. Yet WHO checked and critically investigated ‘We modelled that with our members‘, modelling implies algorithms, modelling implies a state of data analytics, dash boarding and optionally clear reports. Who checked those? Andrew Opie? He has one goal, to keep markings for his members as high as possible and Brexit gets in that way. He is not alone; there are dozens if not hundreds who have been playing that game playing the fear monger card again and again in the last three years. How much famine was there in the UK in the 70’s and before? This is not about supply, this is about expedited margins and the media is not telling the people this, they are not investigating this to the degree they should. The people are merely pushed into fear towards remaining in the EU and that gravy train is too expensive for all of us. The EU has well over €3 trillion debt and there is no path that leads to any exit, not for generations and this benefits the banks, it benefits the people on the EU gravy train, it does not benefit small businesses, it does not benefit the people and there is no end in sight. Brexit was the first clear step to make things better for the British people and the people in the commonwealth in the long term, yet the US, corporations and the IMF will not entertain it, they have too much to lose.

And this is not over, it is about to get worse. We see this in the Financial Times (at https://www.ft.com/content/0ff70e24-cef8-11e9-99a4-b5ded7a7fe3f) even as it seemingly starts low key with “Christine Lagarde has called on European governments to co-operate more closely over fiscal policy to stimulate the stuttering Eurozone economy” which changes tune as we get: “aimed at rich economies like Germany and the Netherlands, she said governments who “have the capacity to use the fiscal space available to them” should spend on improving their infrastructure“, she did not mention some balance of infrastructure and reducing debt, no reducing debt is off the table. And as we get: “The central bank could “direct” its corporate asset purchases towards green bonds once the EU and other regulators have agreed on a common framework for green finance“, which is the foundation for another Stimulus, a plan that failed twice is now again being used to create more debt and pushing what seemingly was once a democracy into a corpocratic Corporatocracy, a stage where nations are no longer in charge, corporations are and we see that push more and more, the fact that freedom of choice in the UK is no longer honoured, as well as the fact that freedom of choice is now regarded as a natural disaster is a clear stage on that road.

Voicing it into a stage where it’s called ‘fiscal stimulus‘ creating the regard that the ECB needs to be to be ‘agile’ in facing economic trouble is merely a relabelled stage where Wall Street and its banks are deciding what Europeans and Brits are allowed to do and short sighted politicians are actually handing them the national keys to do just that. In the age of an aging population that is even more dangerous, for the mere reason that the debts cannot continue a stage of retirement, making the validity of aged people almost obsolete. Again this is all in the view of Corporatocracy; for them the bottom line is margins and profits, to get that 100% needs to be an enabler or a consumer, the rest has no value and we are pushing more and more in this direction.

The Washington Post (at https://www.washingtonpost.com/world/europe/lagarde-defends-european-central-bank-stimulus-at-hearing/2019/09/04/17abb148-cf10-11e9-a620-0a91656d7db6_story.html) gives us part of the Corporatocracy setting.

In the line “uncertainty over tariffs has sideswiped the 19-country Eurozone as businesses delay investments and new orders“, the fact that any delay has that much of an influence on American needy people is almost too unacceptable. This is more than just the ‘turmoil from the U.S.-China trade conflict‘. We can (speculatively) consider the line: “it could disrupt business dealings between the U.K. and the 27 remaining members“, which in light of “Britain is currently scheduled to leave the European Union. If that happens without a divorce agreement to smooth trade” is not about ‘smooth trade’ at all, this is about managed maximised margins, something Wall Street relies on very fucking heavily, so the entire stage where the new ECB ruler is not one of the other banks, but the previous sceptre wielder of the IMF is a much larger issue, it is also a case that the US is a lot more in charge of Europe that we think. Consider the amounts of debts and the fact that no one has that much money. A stage where two banks lend each other on paper $2 trillion, whilst neither has the funds. It is one situation that will lose control more and more and the important questions are not being asked. When we see Francois Villeroy de Galhau (Governor of the Bank of France), Klaas Knot (ECB policy maker) and Madis Muller (ECB policy maker) are a few of a growing group of people opposing stimulus (read: massively sceptical), whilst the one in favour (former IMF) is now President elect of the ECB. The one doesnot imply the other, yet the stage where we see “resumption of bond purchases now would be disproportionate to economic conditions” is merely one option, there might be more, but stimulus is what the US and a corpocratic Corporatocracy requires to keep the margins and the people get to pay that invoice. More importantly the lack of oversight and the lack of transparency gives sway for the ECB bank to do whatever it wants, whenever it thinks it needs to.

In what kind of a democracy did Europeans sign up for that?

Corporatocracy

I mentioned that in an earlier blog, it is a state where corporations decide on matters and that is what we see to the much larger extent at present. It is an age where social securities collapse, housing is close to redundant and the age of age discrimination is at an all-time high. All issues visible to a larger extent. I mentioned a few other parts earlier in this article and that is merely the beginning. I needed to make this mention because it is time to explain another phrase I threw your way.

The Jackal gang

This is a group of facilitators and exploiters. The Jackal gang is pretty much everywhere, the problem is that the intentional ones are not the same as the beneficiary players. Let me explain the difference. There are vultures, which are pure carrion eaters, they devour whatever is no longer living (or too close to death to see the difference), with vultures we see a group of people who drop down on companies pronounced dead, or basically no longer serving and they take the pickings. This is the foundation of Vulture funds as well, Argentina being an excellent example in the past and they are about to become a repetitive example soon again. The 2001 default is one stage where Vulture Funds swept in to get nice pickings. Let’s face it, the Argentinians decided to go this way (no one else was offering). Opposing the Vultures are the Jackals, they are like Vultures carrion eaters, yet there is another side, Jackals also take on the sick and the weakened, in a pack they can take down a larger opponent and because the opponent was not dead the pickings are a lot better. In this example the Gravy Train (a first class experience that is always on the road with all the amenities); the gravy train is a large behemoth, it has all kinds of connections. There are subsidised needs, there are research and grant needs and there are logistical needs as well as operational ones. In this stage we see the beneficiary ones; they are merely offering a service like a hotel, lunch services, dry cleaning and so on. They are merely services that a person needs to rely on, yet in another stage when it is a catering service that is ALWAYS called on, or a mother organisation that gets all the contracts, we see the Jackal group. These people are all linked in one way or another and that is how the Gravy train operates and there are large amounts of money involved. To get you a more apt example, we look at the ECB and its part in the Greek financial tragedy (definitely not written by Sophocles).

Here we need to consider that the Securities Market Programme threatens the ECB’s legitimacy as the potential fiscal role is an inappropriate activity for an independent central bank. Some actions are valid as well as appropriate. when we see “In the event of a wholesale creditor run based solely on self-fulfilling expectations, it is reasonable for a central bank to intervene and act as a lender of last resort to financial institutions that would otherwise be solvent” we see an appropriate act. Yet in case of “The failing of the institution is that it is not credible that it is willing to purchase enough of the debt to contain the run. Unfortunately, the ECB’s insistence on secrecy with respect to the programme is particularly damaging. It is widely believed that the average discount to face value paid for the Greek debt acquired (prior to August at least) was no more than 20%. The national central banks appear to have sought out the lucky counterparties. And, the ECB won’t say who they are or how much they paid” is a stage where there is no transparency, the gains are not disclosed, there is a failing on managing the debt and the matter goes from bad to worse (source: CEPR’s policy portal, Anne Sibert). The issue was also illuminated in ‘Buiter, Willem (2009), “Recapitalising the Banks through Enhanced Credit Support: Quasi-Fiscal Shenanigans in Frankfurt”, Maverecon, Financial Times, 28 June‘.

A matter that should have been dealt with to a much larger degree now as this goes all the way back to 2011, the fact that another stimulus is coming lacking transparency is a huge deal, it implies that trust in the ECB needs to be revoked and written off (read: discarded).

I grant you from the very beginning that the this is a very complex matter (and I am all out of Economic degrees as I never had one), yet I know data and a lot of it is not adding up, questions that should be on the front of everyone’s mind are seemingly not openly asked or the existence of the questions are denied. The entire issue of Brexit as it is playing out is less about democracy and too much about the politics of pleasing large corporations, there are too many questions and quotes are merely copied by the media and not questioned and that is a democratic failing of the largest degree. Jeremy Corbyn with: “Jeremy Corbyn became the first Opposition leader in history to block a general election on Wednesday night” (source: The Telegraph) might be the most visible example, but he is not alone, there are scores of MP’s playing the ‘remain’ card and as I personally see it they should all be investigated. Consider the direct description of treason: ‘the crime of betraying one’s country, especially by attempting to overthrow the government‘, is that definition and that is what we see here. It is the stage we see now and many sources in the media are all about ‘quoting’ and not about investigating, it is the failure that must be fixed. Well, perhaps the option is to award certain politicians with the William Joyce medal. I am offering the thought that Jeremy Corbyn is to be reviewed to see if he should get the first one, who is with me?

The new politics are not about claiming and presenting, but the need to show allegiance and give proper explanation on why exactly things were done. Would that not make political life a lot more transparent? The ECB could learn from that, so two herrings caught with one rod.

 

Leave a comment

Filed under Finance, Media, Politics

Sanity Check

We all need a sanity check at time. There has been a need to regard what we are offered and why certain people seem to try to start to regard fear and misinformation to set people towards the need of greed of some. This is the feeling I get when I look at ‘Brexit: ‘Real risk’ UK could run out of some foods after EU exit, government warned‘ (at http://www.independent.co.uk/news/uk/politics/brexit-latest-food-supplies-shortage-warning-policy-failure-supermarkets-imports-eu-a7844751.html), it starts with the subtitle that gives us “Theresa May accused of ‘serious policy failing on an unprecedented scale’ by academics“. So what matter have they been raiding? Consider the EU nations and how things changed in the late 90’s. Now consider the foods and lives we had in for example the 60’s. We had no shortage of food, we could buy foods and outside of the UK, it was equally easy to buy a bottle of Worcester Lee & Perrins sauce. Some articles were not available (like Tripe), mainly because of the import laws already in place (and we all so loved to eat that in the first place). It was easy to get the Fortnum and Mason’s Christmas plum pudding. The entire exercise to spread fear and misinformation is actually getting to me. I am so sick on the implied creation of intentional chaos. So when you read: “A report from food policy specialists has warned the forthcoming break from Europe will lead to “chaos” unless ministers establish a clear plan on how a new food system will operate“. This reads like it will be the point that some food policy specialists will soon be without a job. Consider the need for sales and exports. Do you think that countries like the Netherlands, Belgium or even France have no export policies in play? These policies have existed for decades. So after Brexit there will be French cheeses and wines, there will be Belgium chocolates and Shrimps and there will be fresh vegetables from the Netherlands. The EU has had close to no influence; it merely seemed to digress towards red tape for the hidden unmentioned need of profitability for large corporations. There will of course be questions in some situations, yet do you think that the exporting corporations will not be ready for that? So when you read ‘without provisions in place‘, we see levels of fear mongering from people who are pushed by other people who are shy of the limelight, because we really have no need for those players fattening the invoices wherever they can, the EU gravy train is coming to a partial end and some politicians are getting nervous. All that easy income falling away, all those unwanted costs added to the prices of what people require to import. Yet the dangers of the single market are often ignored. In a single market may struggle to survive against their more efficient peers, yet how do we see places like ‘Walmart’ as an efficient peer? In that light we see that those with the approach of what should be regarded as ‘exploitative’ and being way too large, having the option to pressure their costs and buying at near 0% margin for the manufacturer has no benefit to competition, it merely makes the owners of Walmart rich fast, whilst there is no place for any number two players. That is the opposite side in all this, a side that the EU has been intentionally silent on for way too long.

The article refers to a paper which can be found (at http://www.sussex.ac.uk/spru/newsandevents/2017/publications/food-brexit), the added PDF in there gives us “Set new clear targets for UK food security (food supply, quality, health and consumption) which go beyond mere quantity of supply by addressing ecosystems and social systems resilience“, this sounds important, yet in all this my question towards Tim Lang, Erik Millstone & Terry Marsden becomes ‘When was the last time you ate an equine burger?‘, the UK was part of this so called EU food security, and as such the professors from the Universities of Cardiff, London and Sussex might have forgotten about that 2013 events, where Tesco had 27 beef burger products laced with horses and pigs.

Also consider the quote ““In the EU, UK consumers and public health have benefited from EU-wide safety standards, without which there will be a risk of the UK having less safe and nutritious products“, we could argue that with 100,000 angioplasty events per year, that issue is a non-issue at present already, ye as it is hard to get any clear EU statistics (read: could not get any reliable figures) there is no quality view to get at present. In all this, when I see certain events mentioned, it is almost like there is a hidden P&G (read: Proctor & Gamble) logo behind all this. That is a purely personal and speculative view! In addition, as I write in opposition of certain points, this is an academic paper, it gives us clear sources and we can disagree with the view of these three professors, there is the issue that their view remains a valid view.

This gets us to two parts that mention the issues that we are going towards, in my view it is a view that should have been adjusted for at least 5 years ago, Brexit might be an element, but it is not the cause and after Brexit these systems have never been adjusted, there is merely the identification that the government in general should have started to make adjustments a long time ago. The quotes “The current food policy community is fragmented and divided. There is an urgent need for a more collaborative policy platform to be created involving all the main players. If the government fails to do this, others will need to take the initiative“, as well as “Meanwhile the NHS is becoming increasingly bankrupted, not least because of the growth of an aging population suffering a dietary-health epidemic; the critical significance of the food system needs highlighting in these debates“, it is interesting that I recognised this several day ago as a hindering issue for the NHS.

 

There is one part that the paper definitely gets right (read: it actually gets a lot more right). It is seen on page 14 with “These aspirations and policy principles should be incorporated in the new food legislation, which Food Brexit will entail. An estimated 4,000+ pieces of regulation and law are EU based“, this is one side that truly matters. The question becomes: ‘Is it merely ‘new legislation‘ or comparing the EU legislation against that legislation that was in play?’ and as such decide on the path of adjusting the original legislation, or create new legislation. This is something that should have been discussed in the House of Lords at the very least. It seems that not only it has not happened; there is no indication at present that this will happen any day soon at present, which is odd to say the least, it is not like the entire Brexit issue dropped out of the sky last night.

Still, even as the paper is valid and valuable, it is my view that the Independent is too much about fear mongering. When we see “Even a “soft” departure from Europe, in which the UK will remain in the single market or customs union, could badly affect the food and farming industries, they add“, so even if the UK remains in a single market, there are still dangers? If that is so, what the bloody use is a single market?

Another issue (as I personally see it) is seen in “The report, which is based on more than 200 sources, continues: “Prices, which are already rising and likely to rise more, will become more volatile, especially harming poor consumers.”“, in the first, prices have always been rising and that is not likely to ever change. The cost of living has been under attack in the UK for the better part of a decade. If you are not a well off banker, or some hedge funds investor, it is extremely likely that your quality of life has been stagnant. It does not matter whether you are a cashier, a barrister or a doctor; your quality of life has been declining for the longest time. It is merely the amount of quality of life lost that differs between the three groups. In the second, volatility has been equally an issue for the longest time. If that was not the case, the mere need for equine burger was never an issue. The EU at large has been under ‘profit scrutiny‘, which just emphasises the need for better food security all over Europe, a factor the EU failed since decently before 2013. In all this another article requires the limelight. With “It cites recent research by the British Retail Consortium that the absence of a trade deal could push the price of imported food up by 22%“, the question becomes, what (and where) are these numbers based on? The article (at http://www.independent.co.uk/news/uk/home-news/christmas-dinner-price-rises-by-14-per-cent-a7453591.html), is as speculative as the evidence that the photographed Turkey tasted nice. We just do not know. With “In October, the British Retail Consortium warned shoppers could face higher prices if the Government failed to strike the right Brexit deal with the EU” as well as “the UK could be forced to use World Trade Organisation (WTO) rules, which could cause the price of meat to rise by as much as 27 per cent“. In these two quotes the operative word is ‘COULD‘, none can give any evidence on the amount it raises (or if it rises at all); it is from my point of view with the emphasis of ‘merely fear mongering’. In the end, none of them acknowledge that the UK is a willing market with 68 million consumers. Show me one salesperson who would willingly walk away from such a large group of consumers and I will introduce you to a liar. All the fear mongering we see, and in the end we see a collection of large corporations like Mars and Coca-Cola that will accept the impact on their margins as they are trying to avoid a total loss of bonuses for a much longer period of time.

I will add the paper at the end in this article, because whether I agree or not to some extent, it is a good and proper academic piece and even as we might consider elements in different light, the paper does show clear indications that there are issues that require addressing and there are also issues that should have started to be addressed several years ago. There is a policy failure to some extend in some way and in a much larger way in other views of focus. The academic paper is not in question; the method of fear mongering that the Independent is playing with is a much larger issue that should be taken a look at.

So as the Independent is fear mongering food issues and the Guardian tells us ‘Britain ‘will be less safe’ without access to EU crime databases – peers‘, yet because before the Schengen mess there was no Interpol or information available, we need to realise that some things will require adjustment, that was never ever in question and in all this the events are not due for 20 months. Now, we can all agree that things need doing, yet has anyone considered that some of these current systems will be obsolete before the 20 months deadline (read: some already are to some degree)? The EU has no firm handle on data automation (as per collecting), or the impact that 5G will give to the data stream, none of the systems will be ready before the change and some will not even be ready then. It was only Yesterday when I found it essential to message Ben Wallace MP that his ‘Accelerator Open Call for Innovation‘ is missing an encryption topic in the data challenge. (at https://www.gov.uk/government/publications/defence-and-security-accelerator-enduring-challenge/accelerator-enduring-challenge), in this age of Ransomware and security flaws, the entire encryption challenge will be a huge one, as more cloud data is no longer safe in either data in transit or at rest, any security assessment system would require new levels of encryption. This is not merely my view, when we look at the works otien Lenstra, a cryptology professor at the Ecole Polytechnique Fédérale de Lausanne (EPFL) in Switzerland, says the distributed computation project, conducted over 11 months, achieved the equivalent in difficulty of cracking a 700-bit RSA encryption key, so it doesn’t mean transactions are at risk and his 2007 article passed the deadline 5 years ago. Even now the larger military contractors like Thales are seeing Big-Data Encryption as one of today’s challenges, so how important would it be in let’s say 3-4 years?

So as we see food fears and so called ‘security‘ data issues, we see that some of the players haven’t even considered including the elements of encryption in some areas. The reason for that view is that encryption is not merely about adding some code, or encoding all data, it is a system of checks and balances, where recovery of corrupted data becomes increasingly important. For those not in the know (which is very valid) there was a virus decades ago called the DBase-virus, it came from the 90’s and decided to corrupt all the data in a DBase database. The clever part was that as long as the virus was there, the user did not know, the moment it was cleaned out, all the data was instantly corrupt, the virus was a cypher and decipher part. In these days of Ransomware, such systems require additional elements and they end up being part of the core, not merely an added element in the core, so when the paper gave me “data – cyber, information, big data, management and processing, sense making, visualisation, delivery, interoperability” as an element, whilst encryption was not part of it, whilst there were other topics like mobility and situational awareness (sensors and surveillance). It seemed to me that the crypto element was not just important, it will be vital and in that field a little innovation goes a very long way. Yet beyond all that, with larger computers and ever-growing large hi speed mobility, the need and application of encryption equally changes, so when we see the need for some European adjustment, we need to realise that not merely the policies are overdue plenty of revisions, in all this, Brexit or not, with the near daily events of data losses, we need to seriously contain certain dangers

So how of topic did I go?

From merely the food part quite a bit (seemingly), yet in all this, the policies and the data issues are connected. If we accept that some of these policies are all depending on the Department for Environment, Food & Rural Affairs (DEFRA), we see that the objectives, indicators of progress, the achievements and action points are also data driven (at https://www.nao.org.uk/wp-content/uploads/2016/10/Departmental-overview-2015-16-Department-Environment-Food-and-Rural-Affairs.pdf), now data will be at the centre of pretty much every part of life, yet from the paper that the three food boffins bring us (namely Lang, Millstone & Marsden), it will not merely a more dire need in reactive, there is an increasing view that the view needs to be transposed towards a proactive situation. The elements in that paper on Spending reduction (page 10) and workforce capability (page 13) imply that these two will impact the entire CAP (Common Agricultural Policy) in several ways, so to not go towards the fear mongering as the Independent implied with its 27% price rise, a proactive system that could counter or at least limit these events to a certain degree. The need has always been there, but the EU has gravy train driven red tape factory (as I personally see it) and as such too little forward momentum is seen and the UK parliament has been forever waiting for the EU to start something so they could be seen as a limited forward momentum party as well. So now is the perfect time to get something actual in place, but to rely on data that could be ‘mismanaged‘ by those trying to thwart the machine requires a much better digital transformation plan as well as a much better digital security and footprint approach, one that has clear boundaries of non-repudiation. Many of these elements either not mentioned, or ignored.

And here is the great part, I am not fear mongering, I am merely saying that things require attention and doing and there are still 20 months, yet doing something immediate is equally dangerous as 5G will impact on a global scale, so having proper preparations and having a system that is not set in stone, but one with certain levels of flexibility and options of evolution is much more important, so that we avoid having a massive invoice that requires paying it twice (or even thrice).

If there is one element of the entire Food report that I had an issue with than it must be ‘12. Keeping a close eye on our EU neighbours: it takes (at least) two to tango‘, there is nothing wrong with what is written, yet what I voiced earlier, the need to sell to the UK is partially ignored and the second partner in that tango is the provider of goods. The 5 scenarios read perfectly fine, yet they are all so based on the premise of the UK being the needy one, we forget that there are 27 nations all vying to get a leg up on the option to sell to 68 million consumers, it seems that the part is not that emphasised. In the end there needs to be a level of balance, yet I feel certain that once Poland is playing hard to get with the UK, I feel certain that Spain will jump up at the chance to get this market. It will not always be a balanced battle, but the UK has options and the newspapers at large have been overly silent on this part, which is why I am upset with the entire fear mongering thing. There was never an issue with being alert, but the papers at large have been completely negative again and again, focussing on the negative ‘could’ and ignoring the positive possibilities. In all this, I still personally believe that the largest players are all about the Status Quo as they have it and in that the one part that Nigel Farage got right, if this gives an option for the local smaller players to get an actual slice of the exploited market we might actually get some level of economy growing and in that, at the end the United Kingdom becomes an economic growth winner.

I think it is a mere sanity check that we try to get a level of alignment on the jobs that need to get going on and as such get a grip of what becomes a possibility, in that the ‘A Food Brexit: time to get real‘ report gives us a handle on what needs to be realised, but at times, although the report gives a really good view, as stated, my issue remains to some degree too much about the page 15 mention of; “UK ministers have failed to explain from where they expect the UK to import its food“, whilst in equality, the optional question “Which quality provider of foods is ready and willing to export to the UK?

In a world where export is essential to any government, is it not interesting that we do not see the latter version in the media, in a situation that amounts to pretty much the exact same premise?

A Food Brexit: time to get real

Departmental Overview 2015-16

 

Leave a comment

Filed under Finance, IT, Law, Media, Politics, Science