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.... The report, which Learndirect asked a high court judge to suppress, is understood to give the company a grade four rating, the lowest possible, for its overall effectiveness, apprenticeships and outcome for learners. Learndirect, which was privatised by David Cameron’s coalition government in 2011 and is majority-owned by the private equity arm of Lloyds Bank, told the court that if it was given a grade four it could lead to the “catastrophic” withdrawal of funding and it may be forced to call in the administrators. ... [Read full article on Guardian ]
Wednesday 16th of August 2017 09:27:48 PM
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....The Department for Education said on Tuesday that it would withdraw all funding from the organisation, which is responsible for almost 73,000 trainees, by July 2018 and that it had already banned it from taking on new apprentices. Learndirect, which was privatised by David Cameron’s coalition government in 2011 and is majority-owned by the private equity arm of Lloyds Bank, has said it could collapse into administration if the DfE withdrew its funding, which was worth £158m in the year to July 2017. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 07:03:32 PM
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....Here’s the stuff of historical bad dreams: at the height of the banking crisis in 2008, every man, woman and child in Britain handed over £19,721 each to bankers. The economy tanked, Gordon Brown got booted out – and David Cameron pretended a private banking catastrophe was a crisis of a supposedly profligate public sector. ... [Read full article on Guardian ]
Tuesday 15th of August 2017 05:00:05 AM
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....As a heavy realisation about Brexit descends, I find that a popular question arises. Whom do you blame the most: David Cameron? Boris Johnson? Jeremy Corbyn?. ... [Read full article on Guardian ]
Sunday 13th of August 2017 06:00:06 AM
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.... The consortium also includes Macquarie’s in-house infrastructure fund and the Universities Superannuation Scheme, a pension fund for British higher education institutions. Sir Vince Cable, the Liberal Democrats leader, who started the bank as business secretary when in coalition with David Cameron’s Conservatives, said the deal was “a sad day for environment and green investment in the UK” and that he had “little confidence that new private owners have a green mission”. ... [Read full article on Guardian ]
Friday 18th of August 2017 01:05:09 PM
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....Learndirect, the UK’s largest adult training provider, has blamed the government’s austerity programme for its failure to meet the education regulator’s minimum quality standards. The company, which was privatised by David Cameron’s coalition government in 2011, on Thursday complained that being forced to “manage a reduction in central government funding” was part of the reason why its standards had deteriorated so sharply that Ofsted declared it an “inadequate provider”. ... [Read full article on Guardian ]
Thursday 17th of August 2017 09:24:49 AM
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Latest Finance News related to David Cameron

Government faces fresh criticism over Green Investment Bank sell-off image
Source : Guardian [Read Article] Friday 18th of August 2017 01:05:09 PM
.... The consortium also includes Macquarie’s in-house infrastructure fund and the Universities Superannuation Scheme, a pension fund for British higher education institutions. Sir Vince Cable, the Liberal Democrats leader, who started the bank as business secretary when in coalition with David Cameron’s Conservatives, said the deal was “a sad day for environment and green investment in the UK” and that he had “little confidence that new private owners have a green mission”. ...
Learndirect blames government cuts for damning Ofsted report image
Source : Guardian [Read Article] Thursday 17th of August 2017 09:24:49 AM
....Learndirect, the UK’s largest adult training provider, has blamed the government’s austerity programme for its failure to meet the education regulator’s minimum quality standards. The company, which was privatised by David Cameron’s coalition government in 2011, on Thursday complained that being forced to “manage a reduction in central government funding” was part of the reason why its standards had deteriorated so sharply that Ofsted declared it an “inadequate provider”. ...
Learndirect owners still winning government-approved contracts image
Source : Guardian [Read Article] Wednesday 16th of August 2017 09:27:48 PM
.... The report, which Learndirect asked a high court judge to suppress, is understood to give the company a grade four rating, the lowest possible, for its overall effectiveness, apprenticeships and outcome for learners. Learndirect, which was privatised by David Cameron’s coalition government in 2011 and is majority-owned by the private equity arm of Lloyds Bank, told the court that if it was given a grade four it could lead to the “catastrophic” withdrawal of funding and it may be forced to call in the administrators. ...
Department for Education pulls all Learndirect contracts and funding image
Source : Guardian [Read Article] Tuesday 15th of August 2017 07:03:32 PM
....The Department for Education said on Tuesday that it would withdraw all funding from the organisation, which is responsible for almost 73,000 trainees, by July 2018 and that it had already banned it from taking on new apprentices. Learndirect, which was privatised by David Cameron’s coalition government in 2011 and is majority-owned by the private equity arm of Lloyds Bank, has said it could collapse into administration if the DfE withdrew its funding, which was worth £158m in the year to July 2017. ...
Ten years after the crash, there’s barely suppressed civil war in Britain | Aditya Chakrabortty image
....Here’s the stuff of historical bad dreams: at the height of the banking crisis in 2008, every man, woman and child in Britain handed over £19,721 each to bankers. The economy tanked, Gordon Brown got booted out – and David Cameron pretended a private banking catastrophe was a crisis of a supposedly profligate public sector. ...
We helped save Europe: now Europe could save us from Brexit image
Source : Guardian [Read Article] Sunday 13th of August 2017 06:00:06 AM
....As a heavy realisation about Brexit descends, I find that a popular question arises. Whom do you blame the most: David Cameron? Boris Johnson? Jeremy Corbyn?. ...
The experts strike back! How economists are being proved right on Brexit | Barry Eichengreen image
.... My favourite quote is from Michael Gove, Britain’s environment secretary. Just before the EU referendum in June last year, Gove, then justice secretary in David Cameron’s government, dismissed the all-but-unanimous view of economists and others that a decision to leave the EU would deeply damage the British economy. ...
L&G profits rise as UK population dies earlier than expected image
Source : Guardian [Read Article] Wednesday 9th of August 2017 02:09:08 PM
.... Women now only gain an extra year after a decade while it takes men six years to achieve that gain. Sir Michael Marmot, a former government adviser, published a study of life expectancy last month that linked the slowdown to the austerity measures introduced by David Cameron’s coalition government from 2010, reducing public sector spending. ...
Help To Buy: Fears first-time buyer scheme will be AXED image
Source : Daily Express [Read Article] Friday 4th of August 2017 03:33:00 PM
....A different strand of the scheme provides a loan for a 20 per cent deposit to first-time buyers who have saved at least five per cent. The scheme was introduced under David Cameron and George Osborne to help struggling first-time buyers on to the ladder. ...
How Britain fell out of love with the free market image
Source : Guardian [Read Article] Friday 4th of August 2017 05:00:34 AM
....Littlewood lists other dysfunctions: “Wage stagnation, poor GDP growth, crony capitalism in the contracting-out of public services, endless gaming of the system by corporations, a general ennui about the prevailing economic system … ” Finally, he cites the event that did more than any other to discredit free-market capitalism in Britain: “the 2008 crash”, the banking crisis caused by the deregulation and hubris of the financial markets. That crisis and what followed – recession, prolonged weak growth, ballooning public and private debt, and seemingly endless austerity – has already destroyed or severely damaged the governments of Gordon Brown, David Cameron and Theresa May. ...
Britain is still a world-beater at one thing: ripping off its own citizens | Aditya Chakrabortty image
.... Ponder the new nuclear station about to be built by the Chinese and French at Hinkley Point, at an estimated cost to British households of £30bn. Neither David Cameron nor Theresa May would countenance the British government creating a new power station, but they will pay way over the odds for foreign governments to do so. ...
Labour used to be the party that saw the folly of leaving the EU image
Source : Guardian [Read Article] Saturday 29th of July 2017 11:05:04 PM
. What have David Cameron (Tory prime minister, 2010-16), and Harold Wilson (Labour prime minister, 1964-70 and 1974-76) got in common?. ...
Tesco covers tampon tax for customers by cutting prices image
Source : Guardian [Read Article] Friday 28th of July 2017 05:36:40 PM
....Campaigners have been demanding that the government scraps VAT entirely on women’s sanitary products for years, but due to EU rules it has been unable to lower the rate below 5%. To stave off a backbench rebellion by an alliance of feminist and Eurosceptic MPs, David Cameron persuaded European ministers last year to agree to change the rules to allow zero-rating of sanitary products. ...
Ground rents: aristocrats and shell firms among those making millions image
Source : Guardian [Read Article] Wednesday 26th of July 2017 05:00:32 AM
. Aristocratic landowners with connections to the family of former prime minister David Cameron, mysterious Dublin-based shell companies that pay no tax, and groups based in the Channel Islands are among the freehold owners that appear to have made millions from spiralling ground rents. ...
The UK’s Brexit negotiators are powered by little more than hope image
Source : Guardian [Read Article] Saturday 22nd of July 2017 04:00:42 PM
.... Maybe we shouldn’t be surprised that the government is so cavalier. If ever there were two people who thought planning was boring and that most things could be achieved if carried through with elan and fortitude, it was George Osborne and David Cameron. ...
State pension benefits rich and UNFAIR on ill or manual workers, says ex-pension minister image
....Yet this is a more difficult option for people who are in manual or physically demanding jobs are less likely to be able to keep working. The state pension takes no account of differences in occupations, life expectancy or social classes, said Ms Altmann, who served under David Cameron between 2015 and 2016. ...
GlaxoSmithKline to sell UK Horlicks brand and scrap factory plans image
Source : Guardian [Read Article] Wednesday 19th of July 2017 02:51:53 PM
....GlaxoSmithKline has unveiled plans to sell its Horlicks brand in the UK, shut the Slough plant where the malt drink is made and abandon a proposed £350m biopharmaceutical manufacturing plant in Cumbria. The planned factory at Ulverston was hailed five years ago as a boost to Cumbria by the then prime minister, David Cameron, but in a major blow to the area GSK says it no longer needs the extra capacity. ...
Now we find out the real cost of austerity – our lives cut short | Owen Jones image
.... And yet new research by an ex-government adviser, Sir Michael Marmot, suggests that the rise in life expectancy – a constant trend for a hundred years – has stalled since 2010. What happened that year, exactly? Was that not when David Cameron, George Osborne and their Lib Dem stooges began slashing public services with a false economic pretext?. ...
Top 1% of households in UK fully recovered from financial crisis image
Source : Guardian [Read Article] Friday 14th of July 2017 11:01:36 PM
.... However, the foundation’s annual audit of living standards found that real incomes for these groups had fallen over the past year. It said a shortlived boom in the UK in the two years ahead of the 2015 general election won by David Cameron had come to an abrupt end in 2016-17, when real income growth for the typical household income had halved to 0. ...
The Tories have failed to fix the roof – and now storms are brewing | Larry Elliott image
....It was one of George Osborne’s most effective soundbites. Before, during and after the 2010 general election, the man who served as David Cameron’s chancellor for six years blamed his austerity measures on Labour’s failure to “fix the roof while the sun was shining”. ...
Homebuyers desperate to know who really owns their freehold image
Source : Guardian [Read Article] Saturday 8th of July 2017 06:00:00 AM
....In Darbyshire’s case, Adriatic Land 1 (GR3) is registered at Companies House with an address at Palmer Street in the heart of Westminster, London. The documents show that one of its directors until late 2013 was “The Honourable William Waldorf Astor”, the half brother of David Cameron’s wife, Samantha. ...
Community groups call time on the demise of the British pub image
Source : Guardian [Read Article] Friday 7th of July 2017 04:19:25 PM
....For a minimum investment of £250, villagers and others sympathetic to the cause could become a “co-owner” of the Butchers Arms. A May 2011 article in the Guardian highlighting the venture contributed to a surge in the number of people signing up, and it was not long before the target was reached, allowing the co-operative to buy the pub, refurbish it and open its doors once again to drinkers and diners (the then-prime minister, David Cameron, even popped along to officially open the bar). ...
Public sector pay cap is matter for future budgets, says Grayling image
Source : Guardian [Read Article] Wednesday 5th of July 2017 07:56:11 AM
....Many feel action is urgent after a government-commissioned report suggested the average pay of teachers had fallen by £3 an hour in real terms, police officers by £2, while the wages of nurses have stagnated. However, David Cameron, the former prime minister, used a speech in Seoul, South Korea, to come to his successor’s defence by saying it was too soon “to let spending and borrowing rip” because of the danger of future economic shocks. ...
One in seven UK private tenants pays more than half income in rent – study image
....Councils are swimming against a tide of right to buy sales that means they are losing much more of their stock than they are replacing. It emerged last year that 54,581 units of social housing have been sold since David Cameron’s government boosted the discounts in 2012, but work has begun on only 12,472 replacements. ...
PENSIONS WARNING: Could this tax loophole affect YOUR savings? image
Source : Daily Express [Read Article] Friday 30th of June 2017 09:50:00 PM
.... . Baroness Altman, David Cameron’s former pensions minister, warned the situation needed to be rectified as soon as possible before a scandal breaks out. ...
George Osborne came within weeks of scrapping the penny image
Source : Guardian [Read Article] Friday 30th of June 2017 06:47:41 AM
. George Osborne came within weeks of announcing plans to take 1p and 2p pieces out of circulation but was stopped by David Cameron who feared the symbolism of the Conservative party scrapping the penny, the Guardian has been told. ...
Local authorities not up to speed with fast broadband delivery image
Source : Guardian [Read Article] Tuesday 27th of June 2017 06:05:23 AM
....4Mbps, followed by Reading in Berkshire; Adur, the West Sussex district that includes the town of Shoreham; and the London borough of Enfield. In November 2015, the then prime minister David Cameron declared that “access to the internet shouldn’t be a luxury, it should be a right … we’re going to bring fast broadband to every home and business that wants it”. ...
With politics turned on its head, Labour sticks to Brexit ambiguity image
Source : Guardian [Read Article] Sunday 25th of June 2017 01:05:57 PM
.... What might be called Labour’s hardline remain faction says Britain could have the best of both worlds: it could have the political upheaval caused by Brexit, which has weakened the Conservatives, while at the same time maintaining the economic status quo. The UK would be back where it was before the referendum, only with Corbyn and John McDonnell running things instead of David Cameron and George Osborne. ...
Hinkley Point is a terrible deal. May must show courage and cancel it | Simon Jenkins image
.... May has at least shown flexibility in her Queen’s speech this week. Nothing would signal more clearly a change of heart than for her to clear the ground of the vanities and extravagances of the David Cameron years. ...
Spending watchdog condemns 'risky and expensive' Hinkley Point image
Source : Guardian [Read Article] Thursday 22nd of June 2017 11:01:08 PM
....The auditors were critical of ministers’ decision to negotiate bilaterally with EDF, rather than waiting for other new-build nuclear consortia to compete – an approach that the NAO noted had brought prices down on similar subsidy deals for windfarms. The government’s case for the contract also weakened after the commercial terms of the deal were agreed by the then prime minister, David Cameron, in 2013, the watchdog said. ...
Pain without gain: the truth about austerity | Phillip Inman image
Source : Guardian [Read Article] Sunday 18th of June 2017 04:54:09 PM
.... Together with April’s shocker, when government borrowing was higher than the same month last year, the first two months of this financial year are forecast to show the borrowing requirement for the year is on track to be higher, not lower than last year. When David Cameron and George Osborne were in Downing Street, bringing down the deficit was the main aim of domestic policy. ...
Brexiters have voted for a poverty even worse than austerity image
Source : Guardian [Read Article] Sunday 18th of June 2017 06:00:04 AM
....Lord Adonis has said: “We are at a moment of national crisis, with echoes of the 30s. ” His fellow peer, Michael Heseltine, has suggested that the problem could be sorted out at heads-of-government level, and that it should not be impossible to achieve the kind of concessions that eluded David Cameron. ...
Incomes squeeze denied May a landslide – now she must change course image
Source : Guardian [Read Article] Tuesday 13th of June 2017 01:06:01 PM
....But the bedrock of any successful election campaign is the state of the economy and, in particular, whether or not people are becoming better off. In May 2015, when David Cameron won, real incomes were rising. ...
UK could get farm aid for two years after Brexit under EU budget plan image
Source : Guardian [Read Article] Tuesday 13th of June 2017 07:40:04 AM
.... “It would solve a lot of problems and mean there is no hole [in the EU budget] in 2019-2020,” said one senior source. The EU wants the UK to respect a pledge made by David Cameron as prime minister when he signed up Britain to the EU’s €1tn budget for 2014-20. ...
Our leaders have lost touch with reality – just like the banks did | Aditya Chakrabortty image
.... Each time, they have crashed. Before the EU plebiscite, a senior EU official remembers David Cameron strolling around a G20 summit, telling other world leaders: “We’re going to win. ...
Private schools to save £522m in tax thanks to charitable status image
Source : Guardian [Read Article] Sunday 11th of June 2017 05:06:19 PM
.... Extrapolating from the data received from councils, it forecast that £634m would be paid, with £522m saved through the schools’ charitable status. CVS said Eton College, whose former pupils include David Cameron and Boris Johnson, would have faced a bill of £4. ...
Britain’s economic model is broken: this is our first post-crash election | Aditya Chakrabortty image
.... I can critique her solutions – indeed, give me a minute and I shall – but that one fact marks a massive break with previous elections. Unlike when David Cameron battled Ed Miliband, the country this pair of party leaders see is more alike than it is different. ...
IFS to voters: you have a choice between the 'undeliverable' or 'unworkable' image
.... The thinktank says May’s spending plans will put real pressure on public services, and in particular extend to 12 years what is comfortably the most severe squeeze on the NHS since it was founded in 1948. At a time when demographic and technological change is pushing up the cost of providing healthcare, the IFS says the average increase in the NHS budget between 2010 – when David Cameron became prime minister – and 2022-23 will be 1. ...
Tories receive £50,000 from man questioned by Serious Fraud Office image
Source : Guardian [Read Article] Thursday 18th of May 2017 02:12:09 PM
....The first release of donations by the Electoral Commission for this campaign shows more than £7m has already been donated to all political parties. The Conservatives’ fundraising drive followed concerns that the party’s income had dipped since the EU referendum because pro-remain donors and friends of David Cameron were keeping their chequebooks shut. ...
May's manifesto is birth of third way Conservatism image
Source : Guardian [Read Article] Thursday 18th of May 2017 01:15:48 PM
.... The underperformance of the economy meant a 2015 deadline became a 2020 deadline and is now a 2025 deadline. The glacial pace of deficit reduction means that the 2017 manifesto is far more cautious in its tax pledges than the one produced by David Cameron two years ago. ...
Business leaders want next government to build two more runways image
Source : Guardian [Read Article] Sunday 14th of May 2017 11:01:29 PM
....The Institute of Directors urged that a fast-track commission be set up immediately after the election to recommend locations for two additional runways within a year. The controversial expansion of Heathrow has yet to be finally voted through parliament, almost five years after the first Airport Commission was established by David Cameron, and is not expected to be completed before at least 2025. ...
Philip Hammond calls China a 'natural partner' as he seeks post-Brexit trade deals image
....Relations between London and Beijing soured after Theresa May became prime minister in July and ordered a review of the controversial China-backed Hinkley Point C plant. That decision cast doubt on what had previously been cast as a “golden age” of ties under her predecessor David Cameron and former chancellor George Osborne. ...
Theresa May will cause more poverty than Thatcher, Gordon Brown warns image
.... Brown’s budgets during his 10 years as Tony Blair’s chancellor focused on measures to reduce poverty, including the introduction of tax credits for the working poor and increases in child benefit. He said child poverty, which stood at 34% when John Major lost the 1997 election, was reduced to just over 27% by the time David Cameron became prime minister in 2010, but was now back on the rise. ...
Tory energy pledge: May says she still believes in free market despite vow image
....4bn a year in “excessive prices”. When Labour proposed a policy to freeze prices for 20 months in 2013, David Cameron accused Miliband, then the party’s leader, of wanting to live in a “Marxist universe”. ...
The secret history of inflation, from Black Wednesday to Brexit image
Source : Guardian [Read Article] Sunday 7th of May 2017 05:59:25 AM
....However, central bank independence is but a sideshow when it comes to the major economic crisis of our times, which is the prospect of Brexit. Which brings us to David Cameron. ...
Take stock ahead of a stabilising election image
Source : Daily Express [Read Article] Wednesday 3rd of May 2017 09:15:00 AM
....However, it slumped 8. 15 per cent in 2010 when electoral uncertainty ended in a coalition government between the Tories and Lib Dems, and again in 2015 when pollsters predicted a hung parliament before David Cameron's surprise win. ...
Let Britain vote on the final Brexit deal | Clive Lewis and Rachael Maskell image
....The first thing that has changed since the referendum campaign was of course the result, which the government had simply not planned for. Had David Cameron seriously contemplated a leave vote, this would surely always have been a two-stage process – with a democratic process to ratify the final deal. ...
General election 2017: May says Tories would not raise VAT image
Source : BBC [Read Article] Sunday 30th of April 2017 09:26:03 AM
....Labour promised "low taxes for low and medium earners", claiming the Tories favoured "low taxes for high earners". Asked whether she would be repeating ex-PM David Cameron's "five-year tax lock", covering income tax, National Insurance and VAT until 2020, Mrs May told the BBC's Andrew Marr Show: "We have absolutely no plans to increase the level of tax. ...
Will London survive as a financial centre after Brexit? image
Source : Guardian [Read Article] Wednesday 26th of April 2017 07:08:45 AM
.... The French president, François Hollande, was elected on a claim that the world of high finance was his enemy. Yet the Socialist mayor of Paris recently promised a “red, white, and blue carpet” for any hedge fund manager who buys a one-way Eurostar ticket to the Gare du Nord – a barbed reference to David Cameron’s promise of a red carpet for French bankers fleeing prohibitive tax rates, strikes and restrictive labour laws. ...
Andrew Tyrie to stand down as Conservative MP after 20 years image
Source : Guardian [Read Article] Tuesday 25th of April 2017 05:33:38 PM
....Westminster is to lose one its most feared interrogators after Andrew Tyrie – the bane of prime ministers, chancellors, bankers and economists – made the surprise announcement that he is standing down as an MP. After crossing swords with David Cameron, George Osborne, Mark Carney, Lord Chilcott and countless City bankers, Tyrie said he was quitting as Conservative MP for Chichester after two decades representing the seat. ...
Theresa May promises personal tax allowance will go up to woo working-class voters image
....The personal tax allowance currently stands at £11,500 and the party is aiming to increase that to take millions of low paid workers "out of tax entirely". And they are getting set to abandon David Cameron's "tax lock" pledge as they look at ways of turning the flailing economy around. ...
Pensioners’ election REBELLION: Demands for May to look at pension issue for UK's 5MILLION image
....Meanwhile, in three decades members of the British public will not be able to claim state aid before the age of 68. Pensions campaigner June Slater has become an internet sensation after she took on former Conservative Prime Minister David Cameron and ex-Chancellor George Osborne over their contributions grab. ...
Tories accused of stealing Labour's energy price cap promise image
Source : Guardian [Read Article] Sunday 23rd of April 2017 11:26:37 AM
....Theresa May should give Labour a round of applause for highlighting the scandal of rip-off gas and electricity bills, the former shadow energy secretary Caroline Flint has said after senior Conservatives confirmed their manifesto will include an energy price cap. Capping utility bills was a key policy in Labour’s 2015 general election manifesto, but was rubbished by David Cameron as evidence that Ed Miliband wanted to live in a “Marxist universe”. ...
World Bank chief echoes Bill Gates's warning to Theresa May on aid image
Source : Guardian [Read Article] Thursday 20th of April 2017 05:22:34 PM
....Kim said the UK’s Department for International Development had played a vital role in efforts to rid the world of poverty. “We were extremely encouraged when prime minister David Cameron fulfilled the commitment to 0. ...
Virgin Money chief: 'I have battled with mental health all my life' image
Source : Guardian [Read Article] Thursday 20th of April 2017 04:15:42 PM
....Her personal profile rose after the Northern Rock deal. More accustomed to being an outsider trying to break into the City establishment – at one point in the interview she describes herself as “this rather strange woman” – Gadhia sat next to George Osborne when he was delivering his high-profile Mansion House speech two years ago, was one of David Cameron’s business advisers, and still leads a Treasury-backed initiative to boost diversity in financial services. ...
With a whiff of sulphur, George Osborne was gone – but for how long? | Polly Toynbee image
.... George Osborne, who leaves the grand stage of the Commons at the age of 45 saying, “I want new challenges”, was a gamer, departing now to throw his dice in journalism and the City. It was the grave misfortune of so many millions that the sport he and his old friend David Cameron enjoyed for a while was playing with lesser people’s lives in the great game of politics. ...
George Osborne: history will not be kind to a man whose flaws led to Brexit image
....Had things turned out differently, George Osborne would now be counting down the days to becoming prime minister. His close friend David Cameron had pledged to stand down before the next general election and a smooth transition was planned. ...
Big six energy firms braced for government price crackdown image
Source : Guardian [Read Article] Monday 17th of April 2017 03:43:01 PM
....One smaller supplier told the Guardian that its cost of buying energy had fallen this year. The prime minister has signalled since last autumn that she is preparing to go further than the competition watchdog’s recommendations and take a more interventionist stance than former prime minister David Cameron. ...
Rachel Whetstone: from Tory power broker to Silicon Valley PR guru image
Source : Guardian [Read Article] Thursday 13th of April 2017 03:02:53 PM
....The family’s success allowed them to send Whetstone to Benenden, an exclusive boarding school for girls with royal alumni including Princess Anne. After reading history at Bristol University, Whetstone joined Conservative central office, where she worked alongside David Cameron and George Osborne. ...
Brexit vote site may have been hacked, MPs say in report image
Source : BBC [Read Article] Wednesday 12th of April 2017 10:55:39 AM
...."We took quite deep advice on this from various places and it's not unreasonable, given there's quite a lot of this going on in other countries, that this could have happened in this case," he added. After the website crash the then Prime Minister David Cameron extended the deadline by 48 hours for registering to vote in the referendum - 430,000 people applied to register to vote during that extension period. ...
Uber's head of communications quits scandal-hit cab app image
Source : Guardian [Read Article] Wednesday 12th of April 2017 08:49:11 AM
....”. British Whetstone, who in 2003 was appointed Michael Howard’s chief of staff when he became Conservative leader , and is a friend of both David Cameron and George Osborne, also found herself at the centre of a more localised storm following allegations that she used her contacts to secure an advantageous deal for Uber in London. ...
The money machine: how a high-profile corruption investigation fell apart image
Source : Guardian [Read Article] Wednesday 12th of April 2017 05:00:26 AM
....As both a financial centre that launders an estimated £100bn a year and a prime real estate market for the investors of crooked cash, London has a special responsibility in the fight against corruption – one that it has rarely accepted. The 2014 summit – much like David Cameron’s highly publicised global Anti-Corruption Summit in 2016 – was intended to show Britain’s determination to live up to its responsibilities. ...
Access to justice was once a worker’s basic right. Now it’s a costly luxury | Aditya Chakrabortty image
....Listen to the country’s top judge, Lord Thomas of Cwmgiedd, who admits that “our justice system has become unaffordable to most”. Look at our legal-aid system, slashed so heavily by David Cameron and Theresa May that the poor must act as their own trial lawyers, ready to be skittled by barristers in the pay of their moneyed opponents. ...
Record numbers rely on parental cash to buy a property image
Source : BBC [Read Article] Sunday 26th of March 2017 11:08:30 PM
....Under the Starter Homes programme, buyers aged between 23 and 40 will be able to buy homes at a 20% discount to the market value. The initiative, brought in by former prime minister David Cameron, will start in 30 areas of England and will apply to homes up to £250,000 in value, or £450,000 in London. ...
'Bank of mum and dad' making housing market more unfair, study finds image
Source : Guardian [Read Article] Sunday 26th of March 2017 11:01:43 PM
....The report predicts that if the economy weakens, the proportion of first-time buyers being propped up by family will remain at about one third until 2025, but it will boom to 40% by 2029. Theresa May’s government earlier this year strayed from David Cameron’s “home-owning democracy” approach to housing and announced tougher regulation on landlords. ...
Waitrose coffee change gives grounds for complaint image
Source : BBC [Read Article] Tuesday 21st of March 2017 11:13:26 AM
....In 2014, Labour raised concerns about the promotion, claiming it was hurting independent traders nearby. The prime minister at the time, David Cameron, also gave his views on the issue, saying he could not see why people were complaining about it. ...
A ‘jobs miracle’ that leaves millions worse off | Observer editorial image
. The former prime minister David Cameron two years ago coined the phrase “jobs miracle” to describe Britain’s economic recovery: an expression that has stuck among defenders of Conservative economic policy. ...
Former Barclays chief Bob Diamond to buy Panmure Gordon image
Source : Guardian [Read Article] Friday 17th of March 2017 08:15:51 AM
....Diamond – once branded the “unacceptable face of banking” by Lord Mandelson – is choosing one of the City’s most venerable names for his comeback. Panmure Gordon was founded in 1876 and its alumni include David Cameron’s late father, Ian, who was a senior partner at the firm. ...
Too many firms game the system. They should be transforming lives  | Aditya Chakrabortty image
.... On the other, private employers who can’t and won’t live up to the promises made by ministers and the models confected by mandarins. When David Cameron began his austerity cuts, his pledge was that the private sector would fill in the gaps left by the shrinking public sector. ...
The Scottish economy has strengths – but could it make a success of independence? | Larry Elliott image
....Convincing the Scottish people that they would be better off after independence proved beyond Alex Salmond in 2014. Project Fear failed to deliver for David Cameron in the EU referendum last June but it did the trick in Scotland 21 months earlier. ...

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