Lyddon Consulting
Lyddon Consulting is the trading-as identity of Bob Lyddon, a specialist consultant in international banking. Up until March 2022 the business was run through a limited liability company. Bob’s historical focus was Payments and Cash Management, with derivative subjects being SWIFT MT messaging, the Single Euro Payments Area, and FinTechs/new payment mechanisms.
That was supported by a detailed knowledge of the regulatory and market practice domains behind these business areas, such as the Payment Services Directives, Anti-Money Laundering Directives, and regulations around cards, eMoney and mandatory information in funds transfers.
Bob has also developed detailed knowledge of the infrastructure behind the Euro: the TARGET2 payment and lending system, the other debt mechanisms (the European Union itself, the European Financial Stability Facilty, the European Stability Mechanism), and the mechanisms for creating ‘shadow debts’ (like InvestEU).
Bob has recently transferred this knowledge into an examination of the UK’s plans to build up its ‘shadow debt’ in pursuit of the current government’s Net Zero, Industry, and Infrastructure strategies.
Overview of the liabilities of the French public sector – only the EU can provide a lifeline
Rejoining the EU would add an extra £1 trillion to the UK’s already-expanding shadow financial liabilities
Published on 1 October 2026
Summary table of UK’s new shadow liabilities if it were to rejoin the EU for the 2028-34 MFF
The UK’s financial liabilities have been steadily increasing, in addition to the cash actually […]
Associate membership of the European Union is nonsense when the European Union is a ‘maximum harmonisation’ project
Published on 27 September 2026
Introduction
Amidst great fanfare the European Union (EU) pulled out an offer of Associate membership to Canada upon the occasion of the recent visit of Mark Carney, Canada’s Prime Minister, as reported […]
The European Union itself, not Visa and Mastercard, has undermined Europe’s ‘payments sovereignty’
Published on 21 September 2026
Introduction
It has become a new article-of-faith in the EU that Europe needs to reduce its dependence on Visa and Mastercard. This is justified in geo-political terms, on the supposed threat that […]
Professor Arday case exposes British public life as being bogus on every level
Published on 10th August 2026, reproducing an article written on 2nd April 2025
You can download this post as a document here.
Background
The enemy of the political Right is the nomenklatura – the extensive network of leftists […]
‘The Brexit Years Are Over’: Starmer’s Ukraine loan scheme makes UK taxpayers backstop the obligations of Italy and Spain et al in amounts of tens of billions of euro
Published on 9th August 2026 and as previously published by Global Britain on 30th July 2026
Introduction
One of Keir Starmer’s final acts as Prime Minister was to commit the UK to participate in the EU’s €90 […]
Labour’s ‘Public financial institutions’ are built over the graves of New Labour’s high-growth banks and building societies
Published on 5th August 2026
Have you noticed the new crop of financial institutions driving forward with headlong expansion in the North and Scotland under Labour, just as they did between 1997 and 2007?
From 1997 to […]
What was the aftermath of the Liability-driven investments disaster in 2022? Reliance on high discount rates, as illustrated by John Lewis’ pension fund.
Published on 4th June 2026
Introduction
The John Lewis pension scheme was hit with major losses in 2022. This was largely due to its exposure to Liability-driven investments, or LDIs. Covering the losses sucked in all of […]
A European Capital Markets Union remains light years away
Published on 3rd June 2026
Introduction
Banner headlines on 28th-29th May announced a major milestone towards the creation of an EU Capital Markets Union.
Unfortunately it is little more than a statement of intent, and it will take […]
