BETFRED WINS THE RACE FOR THE TOTE June 2, 2011 BOOKMAKER Betfred will today be named as the preferred bidder to buy the Tote, the state-owned betting pool, City A.M. can confirm. The firm is believed to have beaten a rival approach from former Liverpool Football Club chairman Sir Martin Broughton’s Sports Investment Partners (SIP) vehicle, in a deal that values the Tote at more [...]
BETFRED WINS THE RACE FOR THE TOTE June 2, 2011 BOOKMAKER Betfred will today be named as the preferred bidder to buy the Tote, the state-owned betting pool, City A.M. can confirm. The firm is believed to have beaten a rival approach from former Liverpool Football Club chairman Sir Martin Broughton’s Sports Investment Partners (SIP) vehicle, in a deal that values the Tote at more [...]
Middle class benefits set to be slashed as cuts begin October 3, 2010 THE Prime Minister yesterday hinted that “middle class” benefits like child support could be scaled back to pay for the biggest overhaul of the welfare state in 40 years. David Cameron signalled that some universal payouts wouldn’t be “affordable” if the government pursues root-and-branch reform of the benefits system. Cameron’s comments come after the Treasury [...]
Cameron appoints his coalition cabinet May 12, 2010 1. DAVID CAMERON Prime Minister Tory leader becomes PM, as well as First Lord to the Treasury 2. NICK CLEGG Deputy Prime Minister Liberal Democrat leader is Deputy PM, overseeing political reform 3. GEORGE OSBORNE Chancellor Former shadow chancellor is moving in to Number 11 4. WILLIAM HAGUE Foreign Secretary A former Tory leader, Hague [...]