Australia consider emulating British funding system after Olympic beating August 27, 2008 The Australian government has devised a plan to beat Great Britain at their home Olympics in 2012 – emulate its funding system. Australia finished behind Britain in the medals table for the first time in 20 years at the Beijing Games, winning 46 medals, including 14 golds, compared to Britain’s record haul of 47 medals [...]
Halifax piles on woe August 8, 2008 The drip feed of bad news for the property market continued yesterday when Britain’s biggest lender Halifax revealed that house prices have fallen back to mid-2006 levels. House prices are now 8.8 per cent lower than they were this time last year, Halifax said, with an average home in Britain costing £21,733 less than July [...]
Brown’s latest bid to curb knife crime July 16, 2008 Up to 20,000 families will be given intensive support to help get their wayward children back on track as part of a £100m government plan to curb youth crime, the Home Office has announced. The widely trailed programme was unveiled amid mounting concern over knife crime following a spate of stabbing deaths in London. Opposition [...]
US authorities move to rescue Freddie and Fannie July 14, 2008 Support from US Treasury comes minutes before far east markets open for trading US Treasury Secretary Hank Paulson moved to calm nerves about stricken American lenders Fannie Mae and Freddie Mac last night, saying the government would be willing to take an equity stake in the two banks. His eagerly awaited statement came just minutes [...]
Secret shares, Visas, Directorships, Mistresses – why Blunkett had to go November 3, 2005 David Blunkett was due to appear before the Work and Pensions Committee yesterday morning Tony Blair claims that he did not call that meeting in order to sack his work and pensions minister. The formal statement from the Blair camp says: “David Blunkett chose to resign because he had reached the conclusion that the position [...]
KPMG staff scoop £59m in bonuses October 25, 2005 Secretaries and directors at KPMG will share in a £59m bonus bonanza. The 8,950 people who make up the accountancy firm’s British workforce will share in the £59m pot, which equates to just under £6,600 per person. The bonus pot has risen 68 per cent from £35m last year, when the company gave on average [...]