Blogs from the Blackstuff

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Professor John Clancy and Professor David Bailey

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Blogs from the Blackstuff

Blogs from the Blackstuff

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Blogs from the Blackstuff

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Name

Professor David Bailey and Professor John Clancy

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Cymru, United Kingdom and Birmingham, United Kingdom

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email@blogsfromthebackstuff.com

Our Latest Blogs


20th November 2025

£2.7 BILLION:
the record-high payout in taxpayer-funded Management Expenses to pay the UK's local government pensions.

£2.4 Billion of it to investment bankers for an embarrassing 3.3% return on investment.

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9th November 2025

Local Government Pension Fund employer contributions to fall by £10 billion a year- for the next three years

Sudden massive fiscal headroom available,

if the Chancellor acts fast!

£10B reduction for the next three years as 10 year annualised returns settle at 7.1%..

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24th October 2025

£476 Billion:
*UPDATE*
UK's 97 Local Government Pension Funds - combined assets 2025

That's $0.63 Trillion. making it the 5th biggest pension fund, and 8th biggest sovereign asset fund, in the world.

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22nd October 2025

Counting the Cost.
The impact of the JLR Cyberattack.

"The cost dwarfs any previous known data breach."

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14th October 2025

£475 Billion:
UK's 97 Local Government Pension Funds - combined assets 2025

That's $0.63 Trillion. making it the 5th biggest asset fund in the world.

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2nd October 2025

JLR:
A loan guarantee that risks stopping at the factory gate?

The guarantee only secures lending to JLR, NOT to its subcontractors.

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29th September 2025

UK Government's
Loan Guarantee to JLR: the ‘Moral Hazard’ argument is overblown

Is there really a risk of Moral Hazard after the government announced £1.5b loan guarantee to JLR

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23rd September 2025

Back to school scandal (Part Two):

How it came about that school headteachers, FE College principals, university vice-chancellors and other bosses came to believe their very real Pension fund surpluses simply weren't there.

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18th September 2025

PostcodeChecker
Every West Midlands' neighbourhood

How much have their schools, FE Colleges, Unis, Councils,police and fire services lost in services
to feed the Regional Pension Fund's £4.3Billion Surplus?
Average neighbourhood owed £12million

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10th September 2025

Back to school scandal:
Classroom chaos as

£1Billion lost from School spending,
£200million lost from FE College spending, and
£250million lost from Universities spending

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AUTO Blogs from the Blackstuff

8th September 2025

JLR screeches to a halt

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Official: a £684 million Pension Fund surplus in Birmingham City Council Accounts 2025

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Birmingham City Council IS owed at least £1.3Billion by its pension fund.

Chief Commissioner has lost all authority

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Labour’s £200 billion blunder

One of the worst mistakes of any incoming Labour government.
A Scandal.


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