22 October 2009

Speed limits

Driving along the A31 from Winchester to Alton, you pass through the village of Four Marks. It made me chuckle one day when someone had added 'out of 10' at the bottom of the sign. The A31 is an old coaching and trunk road. It used to be three lanes wide for much of its length, and in Four Marks, even wider.

For obvious safety reasons, in the built-up area, the main road was restricted to 40 miles per hour. Until recently. It's now a 30 mph limit all the way through the village (it feels like two miles), even at those parts where there's a separate service road so that local traffic and pedestrians can be kept away from through traffic.

This is one of the fruits of the Village 30 initiative. Hampshire County Council quotes revised Government guidance on setting speed limits states that "villages should have comparable speed limits to similar roads in urban areas" meaning that a 30mph limit should be the norm in villages. ("Setting Local Speed Limits", Department for Transport Circular 01/2006).

Since people like to build houses, for convenience, within easy reach of main roads, many parts of the main road network in Hampshire will meet the criterion of 20 houses within 600 metres.

Yes, there are places that need 30 mph limits. In the past, these have been set in built-up areas, which have street lighting, narrower roads, pavements, etc. The safety reasons are clear and compelling. Indeed, in residential areas, the 20 mph sign is becoming a common sight.

Now the 30 limit can be anywhere that has just enough houses, 24 x 7, 365 days a year. Journey times will increase by a third (or even more where a 50 mph is reduced to a 30). 39 villages had this change in the last quarter of 2008, another 79 in 2009. For heaven's sake. Is this another attempt by Brown's nanny state to kill the countryside?

Labels: , , , ,

08 June 2009

Brown broke Britain


It's time for blame to be given where it's due. I'm fed up with hearing the spin that "Gordon's done a great job for Britain." Gordon Brown has messed up almost everything he's touched.

On the credit side, he freed the Bank of England in May 1997 to set interest rates. Sadly, quite soon after, in June 1998, he screwed up banking supervision, and that is the root cause of the current financial crisis. The Bank was, at the time, a world-renowned centre of excellence for banking supervision. Famously, a 'raised eyebrow' was all that was needed when supervisors wanted a change made. This was replaced by a rules-based supervisory regime under the Financial Services Authority which had power to penalise and set rules, but lacked the reputation and clout that had enabled the Bank to keep a tight rein. Whenever there's a published set of rules, clever people will find ways to push the envelope - which is what's happened in spades in the sub-prime loans scandal and Credit Default Swaps debacle.

He's also messed up the UK pension system. Our defined benefits system was the best in the world before he and his mate Ed Balls got their dirty fingers into it. They axed the dividend tax credit in 1997. Very few private sector organisations can now afford to offer defined benefits pensions - thanks largely to Brown's pension grab which in March 2007 was already estimated to have taken more than £100 billion out of private sector pensions (Daily Telegraph article).

Finally, he's saddled us with unaffordable obligations that won't go away. Public sector spending has been a diarrhea of give-aways to anyone whose acquiescence needed to be bought, much of it funded by present or future borrowing. Rather than work out a cost-benefit analysis for new initiatives, money has been sprayed into wild ideas that have been more to do with popularity or grabbing headlines than solving the needs of the country. Many Government IT projects have been a complete shambles. Pay settlements have been much more generous than those available to most private sector workers. MPs and many other public sector have defined-benefit pensions, on massively generous terms, that they will go on collecting for the next forty or fifty years.

We'll be paying for Brown for two generations. Brown did a great job for Brown.

Labels: , , , ,