Tunneling for Crossrail has finally finished – Boris Johnson and David Cameron were there for the big break through June 4, 2015 After three years of literally earth-moving work, tunneling for London's largest ever infrastructure project has finally finished – with a ceremony for the final "break through" under Farringdon station. David Cameron and Boris Johnson were there for the break through on the railway, which will run east to west through London when it opens in [...]
Marks & Spencer chief executive Marc Bolland pockets £600,000 bonus after retailer’s first profit rise in four years June 4, 2015 It's not just shareholders who will be pleased that Marks & Spencer finally returned to growth last year. Marc Bolland has pocketed a bonus worth nearly £600,000 for the high street retailer's green shoots, which reported its first rise in profits in four years last month. Bolland received a bonus worth £596,000 on [...]
David Cameron dodges rookie MP Cat Smith’s questions on poor credit ratings June 3, 2015 The Prime Minister was caught off-guard yesterday when a newly-elected Labour MP asked him about the country’s credit rating. Cat Smith stood up in the first Prime Minister’s Questions of the new parliament and said: “Will the Prime Minister inform the House when he expects the UK to regain its triple A credit rating?” [...]
David Cameron defends Right to Buy scheme after Harriet Harman attacks housing policy June 3, 2015 Prime Minister David Cameron defended his government’s housing policies in the first Prime Minister’s Questions session of the new parliament yesterday. Acting leader of the opposition Harriet Harman attacked the Prime Minister’s plan to extend Margaret Thatcher’s “Right to Buy,” scheme, which will allow housing association tenants to buy their homes at a discount of [...]
David Cameron’s EU renegotiation must free Britain from ever closer union June 3, 2015 As the Prime Minister jets from one European capital to another, seeking support for Britain’s EU reform agenda, the issues on the table are many and varied, ranging from the benefit entitlements of immigrants to the protection of the City of London. But amid all the detail, there is one overriding issue on which the [...]
Labour leadership race: Jeremyn Corbyn stands as left-wing candidate June 3, 2015 Jeremy Corbyn has joined the race for the Labour leadership on a "clear anti-austerity platform", becoming the left-wing candidate vying to succeed Ed Miliband. He becomes the fifth candidate in the race, joining favourite Andy Burnham, along with Yvette Cooper, Liz Kendall and Mary Creagh. Each candidate needs 35 MPs' support in order to be [...]
Newcastle receive more TV money than every club outside top four except Liverpool June 3, 2015 Despite a wretched season that saw Newcastle only secure survival on the last day season, the Mike Ashley-owned club received more money from Premier League TV fees than every single club outside the top four and Liverpool. Read more: How much of Mike Ashley's money goes on Newcastle transfers? Newcastle received £16.2m in "facility fees" (the [...]
David Cameron’s first PMQs in full Tory goverment: The bunfight returns June 3, 2015 The economy took centre stage during David Cameron's first Prime Minister's questions in this parliament – but if the electorate was looking for any particular commitments to anything, they would have been left frustrated. Several new MPs were welcomed to the weekly bun-fight but the rhetoric on both sides was all business as usual. [...]
How to make George Osborne happy: The IMF thinks the UK could live with higher debt “forever” June 3, 2015 Could this be the economic argument George Osborne has been waiting for? Our obsession with clearing the UK's debt could be more trouble than it's worth, according to a new paper published by the IMF. Although high levels of debt are generally viewed as problematic, advanced economies such as the UK's could “simply live [...]
David Cameron U-turns from his opposition to pay rises for MPs as salaries set to hit £74,000 June 2, 2015 Members of Parliament are set to see their annual salaries rise by 10.3 per cent, to £74,000 in September, according to a new report from the Independent Parliamentary Standards Authority (IPSA). Despite previously saying that the above-inflation pay rises were “simply unacceptable,” Prime Minister David Cameron has now said he will not stop them. IPSA, an [...]