George Osborne is offering greater devolved powers to English cities if they agree to have their own directly elected mayor May 14, 2015 More large English cities could soon have their own directly elected mayor like Boris Johnson under new plans to be unveiled by Chancellor George Osborne later today. Osborne wants to offer English cities greater devolved powers over housing, transport, planning and policing as long as they agree to be governed by a directly elected mayor. Greater Manchester will [...]
Navinder Singh Sarao: Flash crash trader on £5m bail gets legal aid in fight against extradition May 13, 2015 The trader alleged to have earned £27m from market manipulation is now on legal aid, despite having his bail surety set at over £5m. Joel Smith, the solicitor representing Navinder Sarao, told District Judge Elizabeth Roscoe yesterday that his client had been found eligible for the aid at the start of the week. [...]
Garrett-Cox says dinosaurs plague industry May 13, 2015 Alliance Trust boss Katherine Garrett-Cox yesterday said gender equality in fund management was lagging due to “dinosaurs” in the industry holding it back. Garrett-Cox was speaking on a panel with Newton boss Helena Morrissey, WisdomTree’s Nizam Hamid and L&G Investment Management CEO Mark Zinkula at the Morningstar conference.
As he plans a new counter-extremism bill, is David Cameron right that Britain has been passively tolerant for too long? May 13, 2015 Emily Dyer, research fellow at The Henry Jackson Society, says Yes Tolerance is a fundamental British value and it should continue to underpin our treatment of everyone, no matter what their faith or beliefs. However, for too long, we have let our tolerance be abused by the intolerant: those who actively try to destroy our [...]
Kent police are investigating claims of electoral fraud in Nigel Farage-contested South Thanet seat May 13, 2015 Kent police are investigating claims of electoral fraud in South Thanet – the constituency contested by Ukip leader Nigel Farage at the General Election "Kent Police have received a report of electoral fraud. Inquiries are ongoing," Kent Police said in a statement. The highly contested constituency where Farage made a bid to win Ukip its [...]
London mayor elections 2016: Diane Abbott launches bid to become Labour candidate – and the next Boris Johnson May 13, 2015 In the race to replace Boris Johnson as mayor of London, Diane Abbott has officially launched her campaign to gain Labour's backing as the party's candidate in the 2016 election. The veteran MP, who was re-elected as representative for Hackney and Stoke Newington with a comfortable majority in this General Election, is seeking to replace Boris Johnson, [...]
Mike Ashley wants Rangers to return £5m loan May 13, 2015 Mike Ashley wants his cash back. The Rangers shareholder has requested the club's board call an extraordinary meeting to pay back his £5m loan and explain why Rangers have been delisted from the Aim stock exchange. In a letter acquired by The Daily Record, Ashley has told the new Rangers board to hold a meeting [...]
Business backs Sajid Javid over strike law reforms May 12, 2015 Business groups have rallied behind government moves to make big changes to strike laws. New business minister Sajid Javid said he will use his first days in office to tighten rules surrounding strikes, saying that the Tory government’s Queen’s Speech would introduce thresholds for strike ballots. Under the proposals, strikes affecting public services would need [...]
David Cameron ushers in a new era at the Treasury as Damien Hinds and David Gauke join Greg Hands and Harriet Baldwin May 12, 2015 George Osborne is set to work with a new team at the Treasury following this week’s Cabinet reshuffle. Prime Minister David Cameron announced one new Treasury minister and the reappointment of another yesterday, the latest in a slew of postings he has doled out to loyal Conservatives following last week’s General Election. Read [...]
George Osborne starts his EU reform push with ministers in Brussels May 12, 2015 Britain’s EU renegotiation process is officially underway, as chancellor of the exchequer George Osborne made his first post-General Election trip to Brussels yesterday. Speaking ahead of a meeting of EU finance ministers, Osborne said he went to Brussels “with a very clear mandate to improve Britain’s relationship with the rest of the European Union, and to [...]