David Cameron to appoint Joanna Shields as web safety minister May 17, 2015 Joanna Shields, the former Facebook executive turned Conservative peer, is set to be appointed as minister for internet security in the new government. Baroness Shields is formally listed on the government’s website as a minister in the department for culture, media and sport. However, she has not yet been given a full portfolio by Conservative [...]
As Nicola Sturgeon demands more powers, is a second Scottish independence vote inevitable? May 17, 2015 Tim Bale, professor of politics at Queen Mary, University of London, says Yes. The genie is out of the bottle, the toothpaste out of the tube. Pick whichever metaphor you like, but be sure of one thing: it’s a case of “when”, not “if”. The SNP is simply biding its time, waiting for its chance. [...]
Whitehall could face 100,000 more job losses as chancellor George Osborne looks to balance the books May 17, 2015 Whitehall could lose up to 100,000 jobs during the next parliament, as part of government targets to wipe £10bn from the civil service's budget by 2020. The £10bn target represents a third of the total needed to be cut from government spending, if the Conservatives are to eliminate the budget deficit by the end of [...]
Cranes, planes, urns and eight ice-hocky goals: Six times Vladimir Putin has played the all-Russian action hero May 17, 2015 Vladimir Putin is the king (or perhaps tsar) of the publicity stunt. Not content with annexing such macho activities as hunting on horseback, fishing, and archaeology Putin took to the ice to score a devastating eight goals in an ice hockey match involving ex-NHL legends. Putin was, of course, on the winning side in the [...]
ECB Executive Board Member Yves Mersch says QE stimulus won’t end early May 16, 2015 European Central Bank executive board member Yves Mersch has said it won't be ending its government bond buying programme prematurely, echoing comments made by boss Mario Draghi earlier this week. Mersch further dampened speculation the central bank's €1.1 trillion stimulus package would end early, saying this would cast doubts on its growth forecasts for the euro [...]
Chancellor George Osborne to deliver new budget on 8 July May 16, 2015 Chancellor George Osborne has said he will deliver a new budget "for working people" on 8 July following the Conservative's shock electoral win last week. "On the 8th of July I am going to take the unusual step of having a second budget of the year – because I don’t want to wait to turn the promises [...]
Nigel Farage’s unresignation, Mayoral candidates and the Avon lady’s funny turn: Here’s what got us talking this week May 15, 2015 It was the week we dealt with the fallout of the election – including the coining of the phrase “doing a Farage” (aka “taking an extra day off to prolong the weekend”). What got us talking this week 1. Barage of Farage Some called it Ukip’s Easter (“on the third day, he rose again”), [...]
New Look confirms £780m sale to South African magnate Christo Wiese’s Brait May 15, 2015 Britain’s second-largest women’s clothing retailer confirmed today that it has a new owner. Private equity firm Brait, owned by South African billionaire Christol Wiese, has bought a 90 per cent stake in the fashion chain in a £780m deal. The figure is significantly less than the £1.9bn mooted in reports. The deal marks the first [...]
The truth about rickshaws in London: Here’s why Boris Johnson’s crusade to ban them might be pointless May 15, 2015 Boris Johnson renewed his crusade against rickshaws, aka pedicabs this afternoon, the announcing he wanted to ban them on London's streets to "ease congestion". His gripes are twofold. Firstly, the lack of regulation for rickshaws means no one is entirely sure how many there are and how to control numbers or the safety of passengers. [...]
Kevin Pietersen could sue over ECB row, say lawyers May 15, 2015 Controversial batsman Kevin Pietersen could take legal action against the England and Wales Cricket Board (ECB) over claims that he was misled regarding his chances of earning an international recall, according to leading sports lawyers. Pietersen has alleged that he was “deceived” by incoming ECB chairman Colin Graves, arguing that he was told there [...]