Could Greece ever pay off all its debt? Tomorrow’s IMF repayment is just the tip of the iceberg May 11, 2015 Eurozone ministers have once again gathered in Brussels to try and negotiate a deal between Greece and its creditors, but a big question mark hangs over whether the struggling nation could realistically remain in the Euro. Tomorrow, it must fork out a €750m (£544m) loan repayment for the IMF, but this is just the start [...]
General Election 2015: Nigel Farage remains Ukip leader after resignation rejected by party May 11, 2015 Nigel Farage will remain the leader of Ukip – despite handing in his resignation after being defeated in South Thanet in the General Election last week. Ukip members have rejected the leaders attempt to quit because they did not want him to go. "As promised Nigel Farage tendered his official resignation as leader of Ukip [...]
General Election 2015 mapped: How many MPs are women and which party has the most female MPs? May 11, 2015 Britain now has the highest number of female MPs it's ever had – but the UK still lags behind other more equal nations. Of the 650 MPs elected on 7 May, 191 are female, or 29.4 per cent. That compares with 22.6 per cent after the 2010 election The parties Labour is the most gender-neutral [...]
General Election 2015: David Cameron’s Conservative cabinet reshuffle so far – Sajid Javid confirmed as new business secretary as Eric Pickles loses communities and local government role May 11, 2015 Following Friday's fireworks, it's time to get down to business: the Prime Minister has set about forming the first all-Conservative cabinet in 18 years, with Sajid Javid appointed as business secretary, while Iain Duncan Smith has kept the work and pensions gig. Meanwhile, Greg Clark dethroned his boss, Eric Pickles, to become secretary of state [...]
General Election 2015 reshuffle: Chris Leslie is the new Ed Balls as Labour’s shadow chancellor in Harriet Harman’s shadow Cabinet May 11, 2015 It's not just David Cameron putting his cabinet together today. The Labour party may have had an utterly disastrous election, but a shadow cabinet still needs to be formed by the acting leader Harriet Harman – and that's just what she's been up to this morning. Harman has opted to keep the shadow cabinet largely unchanged [...]
General Election 2015 reshuffle: Sajid Javid as business secretary gets a thumbs up from the City May 11, 2015 David Cameron's appointment of former treasury man Sajid Javid as business secretary has received a positive welcome from the City. “This is a solid appointment and one that will bring a wealth of experience to an important office," said the Institute of Directors' head of communications and campaigns Christian May. "Sajid Javid is respected by [...]
Alan Sugar resigns from Labour due to “negative business policies” May 11, 2015 Lord Sugar has resigned from the Labour party, citing disillusionment with its "negative business policies and general anti-enterprise stance". The entrepreneur, now best known for presenting The Apprentice, said he had lost confidence in the party last year but postponed his resignation until after the General Election in order to minimise the damage. Sugar joined [...]
General Election 2015 cabinet reshuffle: Sajid Javid – three things you need to know about the new business secretary in David Cameron’s cabinet May 11, 2015 David Cameron has lined up Sajid Javid as his new secretary of state for business in his first all-Conservative government. 1. In government Javid has had a meteoric rise in politics, having gone from parliamentary candidate to secretary of state in less than five years. Javid was culture secretary in the last government, a role he [...]
General Election 2015: George Galloway starts legal action after losing Bradford West constituency to Labour’s Naz Shah by over 11,000 votes May 11, 2015 George Galloway has announced he will be starting legal proceedings in an attempt to have his 11,000-vote defeat in the General Election overturned. Galloway won the Bradford West seat for the Respect Party in a by-election in 2012, but suffered a 29.7 per cent reverse after last week's voting, losing to Labour’s Naz Shah by 19,977 [...]
Tory MPs demand end to banker bashing: Bank levy debate hots up after historic Conservative election victory May 11, 2015 Conservative MPs and senior City figures want the new government to rein back punitive taxes aimed at banks and avoid weakening one of the UK’s most competitive industries. Shares in banks jumped on last week’s unexpected election result. Defeated Labour leader Ed Miliband had threatened major hikes to the bank levy, more bonus taxes and [...]