The next iPhone may not seem terriblyexciting, which might hint that Apple is up to something very interesting: weakening the power of wireless carriers over its customers.
This may seem like an arcane issue and international tax matters often are not terriblyexciting, but a couple of minutes of watching this video will make you realize there are some very important principles at stake.
Now although the Portes and Osborne explanations may seem contradictory, they can both be true: investors may be lending to the Exchequer both because it seems a lot safer than lending to Italy and Spain and because there doesn't seem anywhere else terriblyexciting to put their cash.