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      FCA slashes banks’ motor finance payouts as redress scheme finalised

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People

  • Fifa boss Sepp Blatter deserves a Nobel Prize, says Russian President Vladimir Putin

    July 28, 2015

    Sepp Blatter might not be welcome at the FA's headquarters anytime soon, but it seems he can always rely on a friendly face at the Kremlin.    Russian President Vladimir Putin has told Swiss TV the Fifa boss, whose organisation is currently engulfed in corruption allegations, deserves a Nobel Prize.    It's almost certainly just [...]

  • David Cameron: There will be no second Scottish independence referendum while I am Prime Minister

    July 28, 2015

    The Prime Minister has rejected claims by Scottish National Party leader Nicola Sturgeon that she will dictate when a second Scottish independence referendum takes place, ruling out another vote in the current parliament. The timing of a second vote, Sturgeon said, would ultimately be her decision, agreeing with Alex Salmond, former SNP leader, that it [...]

  • Leaked Yanis Varoufakis parallel currency plan to hack government databases sparks Greek backlash

    July 27, 2015

    Greek politicians demanded answers from Prime Minister Alexis Tsipras yesterday after a leaked recording revealed former finance minister Yanis Varoufakis was planning to hack into government databases to help start a parallel currency.   Yesterday, the Official Monetary and Financial Institutions Forum released a recording of the conversation held between him and investors.    “We [...]

  • “Catastrophic failure”: Careworkers’ warning to George Osborne on minimum wage

    July 27, 2015

    The government has been warned that George Osborne’s new minimum wage for carers could prove to be a “catastrophic failure” if all costs are not fully funded. In a letter to parliament, the UK Homecare Association (UHA) said it welcomed the government’s commitment to low-paid workers, but said it estimates that “to address the existing [...]

  • David Cameron promises new crackdown on corrupt London home buyers driving up house prices

    July 27, 2015

    Prime Minister David Cameron will today vow to stop the UK from becoming a haven for “dirty money”.   He promises to reveal corrupt offshore organisations that purchase high-end London properties using “laundered cash”, which increase prices, exacerbating the capital’s affordability crisis.   “I want Britain to be the most open country in the world [...]

  • David Cameron looks to City for new business advisory group with bosses from BP, EasyJet and Santander

    July 27, 2015

    Prime Minister David Cameron has appointed a new slate of 19 City leaders to his business advisory group, including more than a dozen chief executives of UK blue chips.    The chief executives of BP, Legal & General, EasyJet, Land Securities, the London Stock Exchange Group, Persimmon, Asda, ARM, Severn Trent and Rolls Royce all [...]

  • Lord Sewel joins ‘wannabe wolves’ Tom Osborne and Paul Flowers amid cocaine allegations

    July 27, 2015

    Is it just us, or are powerful people getting complacent when it comes to excess? This weekend video footage emerged of cross-bench peer Lord Sewel appearing to drink champagne, snort some powder and make merry with two ladies of questionable repute.        Sewel’s sad soiree comes almost exactly one month after a young [...]

  • Donald Trump’s fairy tale economics is bad for his party and terrible for America

    July 27, 2015

    The Republican Party must be tearing its hair out. For years, visitors from the US have extolled the strength of the party’s potential Presidential candidates for 2016. The pack is certainly more impressive than in 2012 and, with the exception of one or two candidates, they are ostensibly advocates of relatively free market policies. In [...]

  • With his Asia trade mission in full swing, should David Cameron be playing the salesman for the UK?

    July 27, 2015

    Allie Renison, head of Europe and trade policy at the Institute of Directors, says Yes. Ultimately, it is businesses themselves that will increase the volume of the UK’s international trade, but politicians also have a role to play in bringing British firms and foreign governments together to discuss facilitating the flow of goods and services. [...]

  • George Osborne becomes favourite for Conservative leadership, knocking Boris Johnson into second place

    July 27, 2015

    George Osborne is now the most likely Conservative to replace David Cameron as leader of the party, according to William Hill.    Read more: July Budget 2015: Chancellor George Osborne plans to crack down on non-doms   The chancellor's odds were increased today following a month of rising popularity since his Budget speech, and he now [...]

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