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Clegg begins to play Cable’s tune
Another setback for Vince Cable – this time over bank bonuses, writes our Political Editor. But there are signs that his party leader, Nick Clegg, is beginning to take on more of his tone in his Coalition comments.
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Funding for Playing for Success, an initiative aimed at improving children’s literacy, numeracy and ICT grades through sport, will end this year. Channel 4 News investigates the potential impact.
As a scheme which helps youngsters learn through sport faces funding cuts, Channel 4 News looks at how it works and the benefits it has had so far.
JP Morgan announces a trebling of pay and bonuses for its investment bankers to more than £1.1billion in the last quarter. Siobhan Kennedy assesses what this means for the rest of the “bonus season”.
Another setback for Vince Cable – this time over bank bonuses, writes our Political Editor. But there are signs that his party leader, Nick Clegg, is beginning to take on more of his tone in his Coalition comments.
The Treasury publishes draft legislation introducing a permanent levy on bank balance sheets.
As the full list of quangos which will be abolished is published, Jon Snow looks at how much further the Coalition could go – will they examine our political system, Parliament and the conduct of the House of Lords and Commons in the interests of “transparency”?
More than a million customers have complained to their bank or building society this year, a rise of 5 per cent on 2009. Channel 4 News samples the most common complaints.
The ructions at the top of Barclays have been somewhat Shakespearean in character over the past few years. It was said that US-born investment banker Bob Diamond was the foil for the calmer, older school John Varley. Diamond, currently the president of Barclays, was the architect of the wildly successful purchase of the bankrupt core…
The Bank of England Governor tonight confirmed that Hector Sants, the chief executive of the Financial Services Authority, has been persuaded to stay in office. “I am absolutely delighted that Hector Sants has agreed to remain at the FSA and then move to the Bank to become the first chief executive of the new prudential…
During the final Leaders’ debate Gordon Brown repeatedly asked David Cameron
The Liberal Democrat turned to banking in this morning’s briefing and FactCheck turned to some of their statements.
In a rare bit of economic joy, Gordon Brown says there are now more small businesses than a year ago.
The FSA has issued a remarkable detailed account of a phone call by Tim Geithner, then head of the US Federal Reserve, to the FSA chairman about an embryonic attempt by Barclays to buy pre-bankruptcy Lehman Brothers, writes Faisal Islam.
Faisal Islam blogs on why RBS aren’t saying how many of its bankers are getting bonuses of mroe than a million pounds, and why its bosses are playing today’s results low-key.
The message in the Institute for Fiscal Studies’ Green Budget, published today, is: don’t cut now but plan credible larger cuts for the entirety of the next parliament, blogs Faisal Islam.