Britain's empty coffers

Britain's public finances are a mess - but it's not too late to get back on top of things with a bit of bold action, says John Stepek.

Fancy a job as a witch? No? How about a job as a witch that pays £50,000 a year? That's what's on offer at Wookey Hole in Somerset. Apparently the applicant must be able to cackle and cannot be allergic to cats.

As you've perhaps gathered by now, this job follows (I assume) in the same mould as the recent 'greatest job in the world' campaign when the Queensland tourist board managed to get itself wall-to-wall global press coverage by advertising for a caretaker for a tropical island. It seems that tourist attractions have hit upon the perfect advertising wheeze for the recession offer a quirky job at an above-average wage.

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John Stepek

John Stepek is a senior reporter at Bloomberg News and a former editor of MoneyWeek magazine. He graduated from Strathclyde University with a degree in psychology in 1996 and has always been fascinated by the gap between the way the market works in theory and the way it works in practice, and by how our deep-rooted instincts work against our best interests as investors.

He started out in journalism by writing articles about the specific business challenges facing family firms. In 2003, he took a job on the finance desk of Teletext, where he spent two years covering the markets and breaking financial news.

His work has been published in Families in Business, Shares magazine, Spear's Magazine, The Sunday Times, and The Spectator among others. He has also appeared as an expert commentator on BBC Radio 4's Today programme, BBC Radio Scotland, Newsnight, Daily Politics and Bloomberg. His first book, on contrarian investing, The Sceptical Investor, was released in March 2019. You can follow John on Twitter at @john_stepek.