Which is the prettiest canal in the UK?

One of the reasons we love narrowboating is the amazing scenery we see. I do enjoy the old industrial warehouses and mills, but there is something special about finding beautiful countryside with the canal meandering through it.

This week we travelled down the Coventry Canal to join the Ashby, an isolated canal in the midlands. Originally it was used to bring coal from the local mines and was probably filthy, but that industry is long gone and the water is now clear. The countryside is mostly fields with wide views from the boat. It is one of the most beautiful waterways we have travelled.

But perhaps not the most beautiful of all. There are the “curly wurlys” west of Skipton on the Leeds Liverpool. High up in the Pennines and winding around the hills. There are the final few miles of the Caldon to Froghall, in a stunning wooded cutting, with a steam railway for company. There are the Llangollen and the Montgomery, providing a great mixture of winding round the contours of Wales, and cutting through tunnels and over aqueducts. The Sharpness was a revelation for us this year. Straight and wide with great views over to the River Severn. All of these are wonderful but I think the prettiest of all would be the Peak Forest. The Peak District is one of the most dramatic National Parks in the UK, and this canal skirts the edges of high hills, with views for miles.

We are just so lucky to be have the chance in retirement to discover such great countryside.

Do you have a different view of the prettiest waterway in the UK?

July 28, 2023 0

Should Farage be allowed to keep his Coutts bank account?

In the UK this week there has been a lot of press about Nigel Farage having his Coutts bank account closed. Coutts is a bank for the very wealthy and he does not meet their criteria for how much money he has, but this week it became clear that another reason for closing the account was that the Coutts Reputational Risk Committee did not feel his politics were a fit with the bank’s values. The British newspapers are shouting that it is outrageous that a bank can close an account because they do not agree with the beliefs of a customer. I think they are wrong.

Before I retired I was a banker with NatWest Group, which includes Coutts. So I have some experience in this area. I also held a senior role at Co-op Bank for a few years, probably the most ethically based bank in the UK, and at Nationwide Building Society, the biggest customer owned bank in the UK. At the time I really noticed the difference in behaviour between these “value based” banks, and the big four – NatWest/RBS, Lloyds, Barclays and HSBC, which were much more focused on profit.

After the banking crisis in 2008, the bailed out banks were left with a terrible reputation, and even now people talk about bankers as being all bad, in the same way they consider politicians, and criminals. To combat this, the big four have repositioned themselves as value based. I remember when the current CEO of NatWest, Dame Alison Rose, was appointed, one of the key reasons was her desire for NatWest to be “purpose led”.

So let’s look at what they say.

Lloyds: “Our purpose if Helping Britain Prosper. We do this by creating a more sustainable and inclusive future for people and businesses, shaping finance as a force for good”.
Barclays: “Our five Values – Respect, Integrity, Service, Excellence and Stewardship – are our moral compass; the fundamentals of who we are and what we believe is right.”
NatWest (including Coutts): “We are guided by our purpose. We champion potential, helping people, families and businesses to thrive.”
HSBC: “Opening up a world of opportunity – helping to create a better world – for our customers, our people, our investors, our communities and the planet we all share.”

I don’t think any of these purposes has really got traction with the public. I am not sure they are aware of them, or believe that banks stand behind them. A customer looking for an ethical bank in the UK will still tend to choose Co-op or a building society.

So instead of Alison Rose apologising to Nigel Farage, as she has done, perhaps she should stand up and say that we do not want to bank customers whose values do not align with ours. What is wrong with that? Perhaps then, people

Don’t worry, next week I will drop the politics and be back to everyday stories of living on a narrowboat.

July 21, 2023 0

I hate scammers

We have all got used to scammers in recent years. Back in the day there was the Nigerian prince who wanted to send me some money. Then the person allegedly from my bank who wanted me to transfer all my savings to a “safe” account. And the email from my broadband company needing me to re-enter all my personal details. But this week I finally lost patience when I tried to sell an old sideboard.

It is a rather nice mahogany sideboard that used to be owned by my wife’s grandparents. We have had it for years, but no-one in the family wants it and it is taking up space we need. So I put it ion Facebook Marketplace for the bargain price of £30. There was quite a lot of interest but more than half the replies were scammers.

The scam works like this “I really like the item but I am busy tomorrow so I will send UPS (or another logistics company) to get it and they will bring you the cash.” I had not heard of this scam so I went along with the first person till I became suspicious. But how can it be a scam if they are giving me money? Well I did some fraud research and apparently if I had gone ahead, UPS would have contacted me asking me to pay their insurance for handling cash, and obviously they would then have disappeared.

But the sideboard is just £30. Surely insurance would not have been more than £5. So how can this be worth the effort for a scammer? Maybe they would have tried to steal my data at the same time?

Anyway, I hate scammers. What is hopefully a real person is coming on Saturday to get the sideboard. Let’s hope she does not offer me a cheque.

July 14, 2023 2

Is the Tour de France more about strategy or tactics?

I am not a bike rider, In fact I didn’t learn to ride a bike till I was 21, and I have never much enjoyed it. Going uphill always feels too much like hard work, and going downhill makes me scared. I much prefer to walk for my exercise. But I do understand that for many people it is an exciting pastime.

I do enjoy watching the Tour de France on TV. I got into it when they had the Grand Depart in the UK in 2014 and I went to see it near where I was living in West Yorkshire. This week the 2023 tour started and I have watched the highlights every evening. It has already been an exciting tour with many a twist and turn.

What I have not decided is whether the key to winning is strategy or tactics. The strategies are typically team led – perhaps to plan an early breakaway from the Peloton, or to keep the team together, protecting the leader. Tactics are more down to the individual, deciding whether to follow someone who pulling away, or whether to conserve energy for the next climb, or a sprint finish. As I write this, Jai Hindley from Australia has just taken a surprise lead and the yellow jersey, after chasing a breakaway group and creating a gap to the favourites that they could not regain. I wonder how much of that was planned in advance, and how much was opportunistic. And was it better strategy for the favourites to conserve energy for another day?

Spending retirement on a narrowboat has similar challenges. We have a strategy of where we want to go. This year it is the west of the UK. And there are the tactics of making decisions each day on whether we want to stop because of the rain, where to moor, how important it is to find a decent Internet signal. OK it is not quite Tour de France. But at least I do not have to wear Lycra.

Hope you have a great week, and good luck to the Yates brothers and Mark Cavendish.

July 7, 2023 0