Budget 2016: George Osborne’s speech in full March 16, 2016 George Osborne has just revealed the Budget for 2016. There was good news for businesses with corporation tax being sliced and business rates being reformed – but bad news for smokers and students who hate maths. Mr Deputy Speaker, Today I report on an economy set to grow faster than any other major advanced economy in [...]
London set to maintain reputation as global divorce capital after landmark ruling October 15, 2015 London is set to maintain its cosy reputation as the divorce capital of the world after yesterday's Supreme Court ruling, which gives divorcees the right to go back to the negotiating table if their ex has lied about or hidden their wealth. The highest court in the land has backed Alison Sharland and Varsha Gohil, [...]
Tom Hayes receives 14 year jail term in Libor-fixing scandal as MPs call for bank bosses to face prosecution August 4, 2015 A jury sent shockwaves through the City yesterday when it convicted former UBS and Citigroup trader Tom Hayes of eight counts of conspiracy to defraud in connection with the Libor-fixing scandal. Justice Jeremy Cooke sentenced the 35-year-old former City worker to 14 years in jail for his part in the manipulation of the Libor [...]
Labour challenges the government with opposition day debate on European arrest warrant November 11, 2014 Less than 24 hours after David Cameron came within a hair's breadth of losing a vote on whether to debate the re-signing of Britain to 35 EU justice measures, the Labour party is planning to use its opposition day to debate the European arrest warrant. Shadow home secretary Yvette Cooper said the vote was necessary [...]
Prince Ali bin Al-Hussein accuses rivals of lacking guts after declaring Fifa candidacy September 9, 2015 Prince Ali bin Al-Hussein accused his potential rivals of being weak for failing to challenge Sepp Blatter after announcing his intention to stand for the presidency of world governing body Fifa yesterday. The 39-year-old forced a second round of voting in May’s election before standing aside, and will now bid to defeat Uefa president [...]
Paris attacks overshadow G20 summit as Barack Obama, David Cameron, Vladimir Putin, Angela Merkel and world leaders arrive in Antalya November 15, 2015 World leaders have arrived in Turkey ahead of the G20 summit where security concerns and the refugee crisis are expected to overshadow discussions in the wake of the deadly terror attacks in Paris. David Cameron, Barack Obama, Vladimir Putin and Angela Merkel are among the leaders who have arrived in Antalya in the south west of Turkey where [...]
Volkswagen’s emissions scandal spreads to South Korea as experts warn “millions” of European cars could be affected September 22, 2015 There was no let up from the scandal engulfing the world's largest car manufacturer Volkswagen this morning as it emerged that the emissions-rigged cars could have been sold around the world. Experts have warned that "millions" of cars on British roads could be recalled on the back of the claims that it had installed a [...]
As police unions slam New York’s mayor, could the city be losing faith in its cops? December 22, 2014 Kate Andrews works at the Adam Smith Institute, says Yes The death of Eric Garner, after an incident with police officers, has become a national tragedy in the US, in part because Americans know it wasn’t isolated. The New York Daily News found that at least 179 people were killed by on-duty New York Police [...]
Former MEP Ashley Mote jailed for five years for fraudulently claiming £500,000 from the European Parliament July 13, 2015 A former MEP, who was elected on a Ukip ticket, from Hampshire will be jailed for five years for fraudulently claiming almost £500,000 worth of expenses from the European Parliament. Ashley Mote, 79, was convicted in May for 12 fraud-related offences, and using the gains to fund his court battles in the UK. At London's [...]
Volkswagen CEO Martin Winterkorn forced to quit over car emissions scandal as more heads set to roll after talk of criminal probe September 24, 2015 Volkswagen chief executive Martin Winterkorn has bowed to pressure and quit, accepting responsibility for the diesel emissions scandal that has all but destroyed the reputation of the German carmaker in recent days. Winterkorn is unlikely to be the only casualty of the emissions scandal. The embattled company’s executive committee said yesterday that it is [...]