European Central Bank president Mario Draghi tells European Parliament ball lies “squarely” in Greece’s court June 15, 2015 European Central Bank chief Mario Draghi said today that the ball lies in Greece's court, during a testimony before the European Parliament's Economic and Monetary Affairs Committee, after talks stalled last night. "While all actors will now need to go the extra mile, the ball lies squarely in the camp of the Greek government to take [...]
Bank of England governor Mark Carney’s earned £880k last year June 15, 2015 Bank of England governor Mark Carney earned £879,773 last year, the Bank of England reported today. That figure is half again as much as the £586,010 he earned in 2013/14; however, it also represents the first time he has taken his full pay after he took on the role in July 2013. Meanwhile, Andrew Bailey, [...]
S&P: Greek non-payment to ECB “wouldn’t mean default” June 15, 2015 If Greece fails to repay €6.7bn (£4.8bn) worth of bonds held by the European Central Bank (ECB) at the end of July, this will not constitute a default, at least under criteria from credit ratings agency Standard & Poor's (S&P). Read more: With no deal on the cards, would the Eurozone be able to contain contagion from Greek [...]
Labour leadership contest: Jeremy Corbyn makes it onto Labour leader ballot in 11th-hour victory: Who are the MPs that endorsed him? June 15, 2015 Jeremy Corbyn has made it onto the ballot for Labour's leadership contest with less than an hour to go before the deadline. It was confirmed that the Islington MP, who is seen as more left-wing than many of his competitors, received the required 35 nominations just moments before the midday closing point. It [...]
Magna Carta 2015: David Cameron uses the Great Charter to back his pledge for British Bill of Rights June 15, 2015 David Cameron might be famous for forgetting what Magna Carta means in English, but that's not stopping him getting in on today's 800th anniversary celebrations to make his pledge for a British Bill of Rights. The Prime Minister, who suffered an embarrassing interview with David Letterman in 2012, has today pledged (again) to scrapping [...]
Boris Johnson calls for scientist Tim Hunt to be reinstated, claiming it’s a scientific fact that women cry more than men June 15, 2015 Boris Johnson has called for Tim Hunt, the scientist who resigned from his senior academic positions after making provocative comments about women at a conference last week, to be given his jobs back. The London Mayor claims it is a “fact” that women cry more than men, and Hunt should therefore not be punished for [...]
Magna Carta 2015: Queen, Duke of Edinburgh, Prince William and David Cameron to commemorate 800th anniversary of seal June 15, 2015 The Queen will retrace the footsteps of her Plantagenet predecessor today, visiting Runnymede as part of a series of events to mark the 800th anniversary of the signing of Magna Carta. The Duke of Edinburgh, the Duke of Cambridge, Princess Anne and her husband Vice Admiral Sir Tim Laurence will join Prime Minister David [...]
Budget 2015: Institute of Chartered Accountants says George Osborne should simplify taxes June 15, 2015 The Institute of Chartered Accountants in England and Wales (ICAEW) is calling upon chancellor of the exchequer George Osborne to simplify the tax code in his forthcoming summer Budget. With the Conservative Budget just three weeks away, the ICAEW said today that the government’s previously-announced plans to cut red tape and reduce costs to British [...]
Syed Kamall on Brussels, Brexit and Boris’ job – is he ready to be London’s next mayor? June 14, 2015 More than 300 Tory voters packed a lecture hall at BPP University in Waterloo last Thursday night to hear London MEP Syed Kamall speak about Britain’s relationship with the European Union. Kamall – a Conservative MEP who has represented the capital in Brussels since 2005 and led the European Conservatives and Reformists Group, the multi-country [...]
Labour has unveiled its London mayor shortlist: Tessa Jowell, Sadiq Khan, David Lammy, Diane Abbott, Gareth Thomas, Christian Wolmar June 13, 2015 The Labour party has revealed that six City Hall hopefuls will be fighting to become its candidate in next year's London mayoral elections. Frontrunners include MPs Dame Tessa Jowell and Sadiq Khan. MPs David Lammy, Diane Abbott, Gareth Thomas are also on the list, as well as journalist Christian Wolmar. The candidates would've had to receive a minimum [...]