Politics Summary: Tuesday, July 27th

BP plumbed new depths yesterday, going into the red for the first time in 18 years, to the tune of £11 billion – as it was announced chief exec Tony Hayward would be sent to Siberia.

Compass must practice what it preaches on pluralism

There remains a contradiction at the heart of Compass’s pluralist mission. Compass, while not formally affiliated to the Labour Party, is registered with the Party, and has a rule that forbids members of other parties from being full members.

You’ve done great! ps. You’re fired

Good timing and luck are everything in politics. Unfortunately for the regional development agencies, they have not been overendowed with either. They long ago shattered a lorry load of mirrors.

Politics Summary: Monday, July 26th

The Telegraph‘s front page reports, “Banks told: lend more or lose bonuses”. The Government will today publish two green papers on the banks and financial services. The Treasury will outline measures to strengthen regulation of the banking sector while Vincetest

Brown: Africa key to global growth

In his first major speech since leaving office, Gordon Brown called for Africa to be at the heart of a new global growth strategy, aided by a mass roll out of broadband.