Boris’s scaremongering over ‘banker bashing’ not backed up by evidence
Boris Johnson and other Tory and right wing scaremongering over ‘banking bashing’ are not backed up by evidence, reports Dominic Browne.
Social Justice
Balls: “Rock and roll” time for tax avoiders
Shadow chancellor Ed Balls, speaking at the Unions 21 conference this morning, said that George Osborne’s cuts could spell a “rock and roll” period for tax avoidance, reports Dominic Browne.
Lucas launches campaign to end £16bn tax evasion scandal
Green party leader Caroline Lucas will table a new Tax and Financial Transparency Bill in Parliament today, to tackle what she describes as “the UK’s billion-pound tax evasion scandal”, reports Shamik Das.
Rating agencies: The unaccountable oligopoly that can destroy economies
A discussion on the importance of the European Commision setting up an independent European credit rating agency
Beyond Libya, Howard Davies had never got to grips with the Middle East
Seph Brown looks at Howard Davies’s serial failures of moral leadership over the Middle East – not just his close financial links the the vile Gaddafi regime.
Austerity? Five HSBC fat cats share £35 million
New figures show HSBC’s top earner raked in £8.4 million, while 180 UK staff pocketed bonuses averaging £600,000, and HSBC paid just £236 million in UK corporation tax last year – despite doubling its profits to £11.8billion.
Boris: The bankers’ best friend
Boris Johnson held more meetings with bankers and the financial services industry than with government ministers, the Met police, his electors or the press since coming to power.
The price of Jim Devine’s fraud
The former Labour MP for Livingston, Jim Devine, has been found guilty of defrauding the taxpayer of £8,385 by submitting false receipts. This can now been added the sums taken criminally by David Chaytor (£22,000) and Eric Illsley (£14,000) to a total of almost £45,000 stolen from the taxpayer.
Coalition fails “moment of truth” on bankers’ bonuses
Last month, Lord Oakeshott describe Project Merlin as “a real moment of truth for the coalition on fairness”. The peer has tonight resigned over the Government’s deal on banking.
Tory dependence on City money should come as no surprise
It was reveled this morning that more than half of Tory funds come from the City – double the proportion it was when David Cameron became leader, reports Shamik Das.