Ivan Massow’s mayoral bid evokes Thatcher spirit: Entrepreneur explains why he’s the Tories’ best bet to replace Boris June 16, 2015 Ivan Massow is used to facing challenges. A successful entrepreneur from a dis-advantaged background involving various foster homes, he rose to prominence in politics in the 1990s when he became one of the first openly gay, high-profile Conservative Party members. “It caused me a lot of embarrassment at the time, because of course if [...]
David Cameron to tap new business advisers: Will Harriet Green and Tidjane Thiam remain in Business Advisory Group? June 16, 2015 Prime Minster David Cameron is expected to bring on a new slate of business advisers in the coming months. Downing Street is preparing for a shake-up of the Prime Minister’s Business Advisory Group (BAG), with at least a handful of BAG members from the last government not expected be asked back, Sky News first reported yesterday. [...]
George Osborne won’t need the drug of deficit finance if he liberates the supply side June 16, 2015 George Osborne’s plan to run fiscal surpluses and use them to pay off government debt has been met with the usual set of whinges and whines, mainly from academic economists funded by the taxpayer. Of course, their arguments are based purely on what they believe to be the intellectual merits of their case. One [...]
EU referendum bill: 27 Tories rebel as David Cameron beats “purdah” amendment June 16, 2015 David Cameron has won his first significant battle with the Eurosceptic arm of his party – and he has Labour to thank after a "purdah" amendment to the EU referendum bill was defeated in the Commons Although 27 Tories rebelled against their Prime Minister, Labour abstained from the vote meaning Bill Cash's rebel amendment was [...]
Donald Trump in quotes: The 2016 US presidency candidate’s most controversial opinions and tweets June 16, 2015 Donald Trump announced his intention to run for president of the United States in typical style – in the lobby of skyscraper brandishing his name and with boasts such as "I beat China all the time. All the time." The eccentric host of the US version of The Apprentice is an outsider to win the 2016 Republican [...]
Greece wants to delay its payments to the IMF by six months June 16, 2015 Greece wants to delay paying the €1.55bn (£1.1bn) it owes the IMF by six months, according to a report in the German newspaper Bild. This wouldn't be the first time Greece has looked to put off paying creditors – it had originally said it would bundle its debts to the IMF rather than pay in [...]
London mayor election: Poll shows Zac Goldsmith would lose to Tessa Jowell but tie with Sadiq Khan June 16, 2015 Tessa Jowell is Labour's best bet to replace Boris Johnson with one of its own candidates, according to the latest polling by YouGov. The poll indicates that Zac Goldsmith, the favourite candidate for the Tories, would lose to Dame Tessa Jowell – while he would be in a dead heat against Sadiq Khan. The former [...]
Labour leadership race: Burnham, Cooper, Kendall and Corbyn are nominated June 16, 2015 Four candidates in the Labour leadership race have attained the necessary support to be placed on the ballot paper to succeed Ed Miliband. Jeremy Corbyn, the left-leaning candidate in the race, gained the support of 36 MPs just two minutes before the deadline – just above the quota needed to be considered for the leadership [...]
Cameron to promise more Eurosceptic concessions as he limits public money for yes campaign June 16, 2015 David Cameron will today concede to his Tory backbenchers that he will limit public money for a pro-EU campaign in the upcoming referendum. In a bid to pacify its slim majority, the government will reassure its Eurosceptic MPs that there will be no taxpayer-funded push for the UK to remain in the EU. Read more: [...]
Warren Buffett splurges $500m on Australian insurer IAG June 16, 2015 Warren Buffett, the legendary investor and second-richest man in the world, is clearly interested in protecting his fortune, after he spent AU$500m (£248m) on the Insurance Australia Group (IAG). Under the deal, Buffett will end up with a 3.7 per cent stake in the company, while IAG will have options to place another five per [...]