Osborne’s Northern Rock sale is just the beginning
Our Political Editor looks at the banking assets that will still be on the Government books after the sale of Northern Rock – and the prospects for making a profit on them.
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Our Political Editor looks at the banking assets that will still be on the Government books after the sale of Northern Rock – and the prospects for making a profit on them.
France’s Christine Lagarde is favourite, while a trailing Gordon Brown has failed to secure David Cameron’s backing. We look at the main candidates to succeed Dominique Strauss-Kahn at the IMF.
Douglas Carswell MP is a very unusual sort of Tory MP. I think he’s probably the only Conservative MP with a poster celebrating the libertarian guru and novelist Ayn Rand in his Commons office. And he’s no respecter of party “lines to take.” In that spirit (as reported in the Daily Telegraph) he’s asked Sir…
Britain will not pay a penny more than its legal obligations to help bail out Portugal, George Osborne stresses, as finance ministers meet in Budapest to thrash out a rescue package.
The terms and size of Portugal’s bailout is on the agenda as European finance ministers meet. Chancellor George Osborne has flown to Budapest for talks about the rescue package.
Despite the protests, arguments and riots, post-Budget the government and opposition are much closer than either would like to admit argues Faisal Islam
Following several high-profile resignations from Downing Street, Number 10 has unveiled a new recruit: a rat-catching cat called Larry.
Gary Gibbon blogs on the reaction to today’s “worrying” economic figures and what it means for the Coalition government.
Drinks all round, it seems. Labour gets its bruising economic brain Ed Balls in the Shadow Chancellor brief. He will attack relentlessly and with authority.
Our Political Editor says that Alan Johnson’s resignation involved “affairs of the heart” – but there was little love lost until recently between the two Eds now at the top of the Labour Party.
Labour’s Alan Johnson resigns from his post as Shadow Chancellor citing personal reasons. Political Editor Gary Gibbon looks at what the abrupt departure means for the future of the opposition.
The Chancellor, George Osborne, defends the rise in VAT which came into effect today, saying that the government had no hidden plans to introduce further tax increases.
George Osborne was less than obliging to Labour MPs questioning him in the Commons this afternoon. They were accused of talking utter rubbish, he queried whether it was worth them turning up their questions were so stupid. Word has it he may be feeling slightly bruised himself soon when he sees what US diplomats were…
Scotland’s Finance Secretary John Swinney announces cuts in his Budget – saying they were forced on him by the biggest reduction in public spending ever imposed north of the border.
Our Economics Editor says a German attempt to ensure that “financial fatcats” share the burden of dealing with credit excess has inadvertently made the Irish crisis even more toxic.