Tamzin Lightwater

Diary of a Notting Hill nobody | 20 September 2008

Tamzin Lightwater's unique take on the week

issue 20 September 2008

Monday

This is ridiculous. I can’t be expected to understand the Labour leadership rules and off-balance-sheet arrangements.

I’ve told Nigel it’s composite motions or derivatives, not both. My head won’t stand it. For the life of me I can’t see how something worth £738 billion can also be worth £36.8 billion. Wonky Tom says it’s simple: ‘The fair value is smaller than the notional amount.’ He may as well be saying ‘la la la la la elephants in pink pants’.

It’s days like these I feel sure I should have stuck it out at the gallery and got married. I suppose I could try and keep my head down until the markets recover and General Well-Being is back on the agenda. But what if we can’t afford GWB any more? Like green taxes. I used to enjoy briefing our Fairer Skies document, or Greener Grass, or whatever it was called.

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