Get Debt Under Control

Three cheers for the Pollyannas at Jet Republic, who either haven’t realised the world is in economic turmoil or simply don’t care. The private jet company – hardly the most recession-proof of sectors – has launched a Ski Card that promises to give clients “easy, hassle-free access to Europe’s finest ski resorts”. The only problem is their glittering new deal targets a dwindling bunch: those in …

Peter Mandelson said at the weekend that there would be “no blank cheque” for industries suffering from the credit crunch. But he sounded a little disingenuous when he claimed: “I don’t expect such a queue to form and one will not be welcomed.” He and other ministers are aware that after the multi-billion pound bailout of the banks there would be a stream of delegations from other sectors. So far we have had last week’s summit with the car manufacturers (including General Motors, Nissan and