Green Party left red faced after accusing oil firm of buying from ISIS November 17, 2015 The Green Party has been forced into a humiliating climbdown after its foreign affairs spokesperson wrongly claimed that a company backed by City financier Nat Rothschild has been funding terrorists. Tony Clarke, the Green Party's foreign affairs spokesperson and a former Labour MP for Northampton South, had accused Genel Energy, a London-listed oil producer, of [...]
Green Party left red faced after accusing oil firm of buying from ISIS November 17, 2015 The Green Party has been forced into a humiliating climbdown after its foreign affairs spokesperson wrongly claimed that a company backed by City financier Nat Rothschild has been funding terrorists. Tony Clarke, the Green Party's foreign affairs spokesperson and a former Labour MP for Northampton South, had accused Genel Energy, a London-listed oil producer, of buying [...]
Chancellor George Osborne says government will spend another £1.9bn on cyber security November 17, 2015 Chancellor George Osborne has announced that the government will almost double its investment in cyber security initiatives over the next five years, spending an additional £1.9bn. Speaking to intelligence officials at GCHQ this morning, Osborne said that while British authorities are already monitoring cyber threats against 450 companies across the aerospace, defence, energy, water, finance, [...]
Autumn Statement 2015: Chancellor George Osborne hires Rothschild to look into selling off Land Registry November 17, 2015 Chancellor George Osborne is once again considering privatising the Land Registry, hiring bankers to look at selling off the state-owned agency. The government has reportedly asked Rothschild, the investment bank, to consider options for selling Land Registry, which is part of the department for business, innovation and skills and maintains records of all property transactions [...]
Paris attacks: Prime Minister David Cameron says there is a “compelling case” for military action in Syria as part of a “comprehensive strategy” November 17, 2015 Prime Minister David Cameron has said that "the more we learn about Paris, the more it justifies the full spectrum approach we've discussed before in [Parliament]". Speaking to the House of Commons in the aftermath of the tragic Paris attacks on Friday and the G20 summit, Cameron said there needs to be a "comprehensive strategy" [...]
Lord Chris Rennard steps down from Liberal Democrat federal executive after leader Tim Farron urges him not to take the position November 17, 2015 Lord Chris Rennard has stepped down from the Liberal Democrat's executive following a call from party leader Tim Farron for him not to take up the position due to concerns over sexual harassment claims. Over 200 members of the Lib Dems had called for a special conference to discuss Rennard's appointment, who had been accused of [...]
Boris Johnson has just discovered Crossrail 2 route will go under his house – in an automated letter he sent to himself November 17, 2015 London Mayor Boris Johnson has just found out that the proposed route for Crossrail 2 will go 20 metres under his £3m Islington town house – discovering the news in an automated letter he sent out himself. Johnson, who in his mayoral role chairs Transport for London, said he was "very apprehensive" about the news – [...]
Chancellor George Osborne agrees budget cuts with a further seven government departments ahead of the spending review November 17, 2015 Chancellor George Osborne has come to an agreement with seven more governmental departments on cutting the amount each spends. A series of cabinet ministers, including Iain Duncan Smith, have made a deal with Osborne, under which day-to-day spending will be cut by an average of 21 per cent by 2019-20, which is on average six per cent [...]
Paris attacks and the economic impact of terrorism: As France mourns the cost of terror keeps climbing November 17, 2015 The economic impact of terrorism across the globe reached $52.9bn (£34.8bn) in 2014, rocketing 60 per cent on the previous year and increasing ten-fold since the start of the century, according to the latest Global Terrorism Index. The figure is the highest since at least 2001, when it was calculated at $51.5bn following the 9/11 [...]
Andrew Tyrie tells regulators “not give in to special pleading from banks” over post-crisis regulations November 16, 2015 An influential Conservative MP has slammed British banks over their attitude toward reform, calling on regulators to “not give in to special pleading from banks in implementing the reforms introduced as a result of the financial crisis”. In a speech tonight at City law firm Allen & Overy, Andrew Tyrie, who chairs the Treasury Select Committee, [...]