Our debt addiction can only end in tears Economics In December 2009, ratings agency Fitch downgraded Greek sovereign debt from A- to BBB+ following a dramatic few weeks in which the state of the country’s public finances were laid bare. By February, riot police in Athens were firing stun grenades and tear gas as they struggled to maintain public order. What followed was years [...]
Sport expects true fan Andy Burnham to take a leaf out of John Major’s book Sport Business Andy Burnham was Secretary of State for Culture, Media and Sport for 16 months in Gordon Brown’s cabinet. This was a time in which shirt and tie was the required political dress code for swinging in a children’s playground in Brixton with the Secretary of State for Children, Schools and Family, one Ed Balls. Burnham’s [...]
Miliband opponents pour cold water on Chancellor hopes Politics Opponents of Ed Miliband believe that they have quashed his bid to become Chancellor, according to reports, in a sign of division within Andy Burnham’s camp just days before he is due to take over as Prime Minister. While the former Manchester Mayor has refused to be drawn on his Cabinet picks, Miliband, a key [...]
It’s not the Bank of England’s job to support the Chancellor May 5, 2026 the Bank of England's MPC is acting as if its role is to support the Chancellor and protect the real economy, rather than control inflation.
CVC’s Global Sport Group to announce deal with Gordon Brown-linked Pimco February 11, 2026 CVC Capital Partners’ new sporting arm Global Sport Group is set to announce a deal with Gordon Brown-associated asset management group Pimco. The deal will see the firm which manages around $2 trillion in assets heavily involved in debt financing, according to Sky News’ Mark Kleinman. The senior debt financing is set to be worth [...]
Lobbying chief urges firms not to work with unregistered agencies February 10, 2026 The boss of the lobbying sector’s industry body has urged public affairs chiefs to stop working with agencies that have not signed up to its code of conduct, after several blue-chip companies were forced to sever ties with Peter Mandelson’s lobby firm, Global Counsel. In a draft letter seen by City AM, PRCA chief Sarah [...]
Brown dubs Mandelson row as ‘serious’ test for Starmer February 7, 2026 Gordon Brown has increased pressure on Keir Starmer by warning that the controversy surrounding Peter Mandelson’s links to Jeffrey Epstein represents a ‘serious’ test of the prime minister’s authority and judgement. Speaking on BBC Radio 4’s Today programme, Brown defended Starmer’s personal integrity but said the Labour leader now faced an urgent task to restore trust after appointing [...]
The Mandelson Epstein scandal: Squalid, brazen and outrageous February 5, 2026 Sex, money, power and influence. Peter Mandelson, once a towering figure in Labour, in the government and in the City, has fallen. He is now the subject of a police investigation into allegations of misconduct in public office after thousands of emails contained in the latest Epstein files released by the US Department of Justice [...]
‘Very clever’ – Mandelson shared sensitive advice with Epstein at height of Eurozone drama February 3, 2026 Peter Mandelson sent Jeffrey Epstein sensitive advice concerning the liquidity of the UK financial system and the stability of the euro that had been shared with Prime Minister Gordon Brown. In the exchange, which took place in May 2010 at the height of the Eurozone debt crisis and in the turbulent political aftermath of the [...]
This time there can be no way back for Peter Mandelson February 3, 2026 On 9 June 2009 Mandelson told the House of Lords that, as Business Secretary and First Secretary of State, he was focused on helping Britain to emerge from recession “stronger, more competitive and able to grow in the future,” adding that government policies will “enrich our society.” Days later he appeared to be more focused [...]