General Election 2015: David Cameron challenges SNP over devolution with the “Carlisle Principle” April 20, 2015 David Cameron has thrown down the gauntlet to the SNP by promising to conduct yearly reviews of devolution to ensure that decisions made in Holyrood do not result in the rest of the UK losing out. The powers of the Scottish parliament "can now have a big impact on your job, your income, and investment [...]
Greek debt deadline: Mario Draghi urges Greece to hurry as default looms April 20, 2015 European Central Bank chief Mario Draghi has said the Greek government needs to do more work and do it urgently to conclude a deal on extra bailout cash. “More work, much more work is needed now and it’s urgent,” he said at the International Monetary Fund (IMF)-World Bank spring meetings in Washington. “We all want [...]
Newcastle fans boycott Tottenham Hotspur game in protest over Mike Ashley ownership April 20, 2015 A group of Newcastle fans boycotted yesterday’s home match against Tottenham Hotspur in protest against current owner Mike Ashley, calling on him to leave. The plans were announced last week as strong negative sentiment towards the club’s ownership was compounded when it was revealed that United had more then £34.1m in cash reserves. Fans are [...]
Alliance Trust wins backing of City bosses April 19, 2015 Embattled Alliance Trust boss Katherine Garrett-Cox won the support of a series of business bosses over the weekend, as the leaders spoke up in favour of her stewardship. Activist investor Elliott Advisors is pushing to add three new directors to the FTSE 250 investment group’s board, arguing that its executives need to be pushed harder [...]
Don’t bank on Hillary: Why a second President Clinton is far from inevitable April 19, 2015 I have been immersed in American presidential politics since at least 1992, when I briefly volunteered in New Hampshire (a pivotal early primary) for the whirlwind that is William Jefferson Clinton. I was present at the creation of his national legend, where – despite almost daily revelations of womanising and draft-dodging that would have sunk [...]
Mike Ashley funds purchase of Chelsea development worth £900m April 19, 2015 Mike Ashley has financed a deal for a lucrative development in Chelsea that could be worth around £900m according to reports. The Newcastle United owner and Sports Direct founder is said to have provided the £200m paid by Citygrove and McLaren Properties for a development site from John Lewis. According to The Sunday Times, the money [...]
ECB President Mario Draghi warns Greek bailout deal is “urgent” April 19, 2015 European Central Bank (ECB) president Mario Draghi has warned the negotiations around Greece's €240bn (£181bn) bailout program are "urgent" and a default by the cash-strapped country would push the region into "uncharted territory". "Much more work is needed now, and it's urgent," he said at the International Monetary Fund – World Bank spring meeting in Washington. [...]
Nigel Farage, Nicola Sturgeon, Leanne Wood to appear in BBC election specials after Ed Miliband, David Cameron, and Nick Clegg get Question Time slots April 18, 2015 Nigel Farage is to be served up to a regional audiences as part of a several BBC specials ahead of the General Election. Farage will appear in a programme in England on 30 April, the same day Nicola Sturgeon, the leader of the Scottish National Party (SNP) and Plaid Cymru’s Leanne Wood will appear in [...]
Would raising the minimum wage really attract too many immigrants, as Nigel Farage suggests? April 17, 2015 The arguments against raising the minimum wage are many and varied – but is Ukip leader Nigel Farage's assertion that an increase might attract Romanian immigrants fair? While businesses argue hiking the minimum wage could raise the unemployment rate and lead to more illegal labour, today Farage suggested it would cause "even more people [to] [...]
Greek debt deadline: Finance minister Yanis Varoufakis hits back at creditors April 16, 2015 Greece’s defiant finance minister lashed out at the country’s lenders last night, insisting that he will not back down during crunch talks despite impending debt deadlines. Yanis Varoufakis was speaking after the International Monetary Fund (IMF) all but ruled out the prospect of Greece being allowed to delay its repayments to the bailout provider. “Payment [...]