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Entries from March 2009

UK Finance: ‘Allowances clean up’ to be fast tracked

John Williams - Tuesday 31.03.09, 12:32pm

Prime Minister Gordon Brown has demanded that a wide ranging review of Parliamentary expenses be fast tracked, following the recent leaks that have totally embarrassed two of Labours cabinet ministers.
The news that Jacqui Smith had included the cost of two pornographic films, by accident, in her expenses allowance has prompted Brown to be seen to [...]

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Tags: Finance News · UK economy

Central Banking in a Free Society

Terry Lane - Monday 30.03.09, 09:11am

The Bank of England should be privatised and once again empowered to regulate the banking system, according to a controversial new book, Central Banking in a Free Society, written by Professor Tim Congdon and published by the well respected political think tank, the Institute of Economic Affiars (IEA).
Professor Tim Congdon, argues that Gordon Brown’s 1997 [...]

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Tags: Banking · Financial Services

UK Finance: Daniel Hannan attacks Gordon Brown

John Williams - Saturday 28.03.09, 16:19pm

Just for those who have missed this video during the last few days, here is a clip of the Tory MEP Daniel Hannan making an extraordinary  verbal attack on the UK Prime Minister Gordon Brown on 26th March.
For reasons best known to themselves this speech was allegedely ignored by the BBC and SKY News teams [...]

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Tags: Finance News · UK economy

UK Finance: Goodwin’s house vandalised

John Williams - Wednesday 25.03.09, 14:08pm

The home of disgraced banker Fred Goodwin was attacked by vandals in the early hours of Wednesday morning, causing damage to three ground floor windows and also some damage to a Mercedes s600 parked on the drive way.
Goodwin’s refusal to consider giving up his massive RBS pension has caused anger from politicians of all parties, [...]

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Tags: Banking · Finance News · Pensions · UK economy

UK Finance:Shameless UK MPs want reward for failure

John Williams - Tuesday 24.03.09, 12:57pm

You would be forgiven for believing that UK MPs are exempt from the Prime Ministers claim that the government would not tolerate a system that rewards failure with large pots of cash.  Labour Employment Minister, Tony McNulty became the second cabinet minister to be named and shamed for collecting cash benefits relating to his parental [...]

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Tags: Bonus Culture · Finance News · UK economy

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