Why Labour isn’t really severing its ties with the Co-op Bank
Labour reportedly wants to move a £1.2m loan from the scandal-hit Co-op Bank to the trade union-controlled Unity Trust Bank. But could this all be smoke and mirrors?
Faisal Islam has left Channel 4 News. This is an archive of his blogs.
Despite rising growth in the economy, Chancellor George Osborne tells Channel 4 News Britain needs to invest, manufacture and build more.
Labour reportedly wants to move a £1.2m loan from the scandal-hit Co-op Bank to the trade union-controlled Unity Trust Bank. But could this all be smoke and mirrors?
This is George Osborne’s big chance. It is the first time he will hold up the budget box at a time of a robustly growing economy. It has been a four-year wait for this pleasure.
A new report on the HS2 rail link to cut train times between London and Birmingham will confirm it will be fast-tracked and cheaper – although won’t be rubber-stamped before the 2015 general election.
David Cameron was at pains to get the Swedes onside when he announced his referendum plan last year. So, why do they still have ‘no idea’ what it is?
Since 2008, 433 Russian millionaires have come to the UK using special visas – but as the EU discuss sanctions against Russia – what impact would they have on oligarchs living in Britain?
It is a version of mutually assured destruction preventing a full-scale trade embargo, and President Putin has planned in this way for years – Europe imports nearly a third of its gas from Russia.
Centrica Chief Executive Sam Laidlaw told Channel 4 News such pressure is undermining investor confidence and means vitally needed new power stations may not be built.
On any measure, having to abandon your much-hyped new policy innovation after just six months, is embarrassing – the rock star central banker seems out of tune.
Mark Carney diplomatically warns Scotland that independence could come at a heavy price – like the ones paid by Ireland, Iceland, Cyprus and Spain.
For the first time the Bank of England allows the £1m and £100m bank notes, which underpin the Scottish banking system, to be filmed. Economics Editor Faisal Islam gets his hands on them.
If you believe that the government’s policies contributed to further imbalances, it might appear a little cheeky to argue: “Vote for me and I will rebalance the economy I further imbalanced.”
Chancellor George Osborne tells Channel 4 News that positive growth figures show the government’s long-term economic plan is working, but there is still more to do.
There are many on my Twitter stream who find it grotesque that the supposed “masters of the universe” who failed to create a safe financial world order are still on top.
Davos Man is trying to put behind him some six years of financial fear. Doom Davos and Deleveraging Davos have been replaced by Dealmaking Davos. The dust is settling.