Showing posts with label brown. Show all posts
Showing posts with label brown. Show all posts

10/30/08

Grimsdale's Ire: 30/10/08

Gordon Brown urges banks to keep lending 30/10/08
“Gordon Brown today called on the banks to keep lending to small businesses despite the global credit crunch.

The prime minister welcomed a commitment by the European Investment Bank to make £4bn available to provide finance to firms in the UK.” [Guardian]


Alistair Darling urges banks to use £4bn from European Investment Bank 30/10/08
“Alistair Darling today urged the banks to use a £4bn package of support from the European Investment Bank to help small and medium-sized businesses through the credit crunch.” [Guardian]


Card demand 30/10/08
“Gordon Brown yesterday demanded that lenders who provide store and credit cards must change their rules to make it more difficult to repossess homes. The prime minister's intervention came after Shelter warned that up to 5,000 homes repossessed last year - out of a total of 27,100 - were from people who took out "second-charge" loans. These can be people who take out a loan against their home to pay off cards. The Treasury wants the Finance and Leasing Association, which covers the £11bn "second-charge" market, to draw up a code of practice in line with that adopted by the Council of Mortgage Lenders, which stipulates that a lender should take a debtor to court to repossess a property only if they have exhausted other options.” [Guardian]

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10/28/08

Heron's Eye: 28/10/08

The toilet roll of reason and the burger box of justice 28/10/08
Through examining the day’s Parliamentary debates, Simon Hoggart humorously highlights some of the hyperbole connected with crime and punishment. [Guardian]


Alex Salmond hints at concessions on local income tax plan 28/10/08
Alex Salmond has signalled a significant switch in economic policy as his plans for a new local income tax for all wage earners came under sustained attack from Alistair Darling.

The first minister said during campaigning in the Glenrothes byelection yesterday that his government was considering major concessions to win over critics of proposals to replace the council tax with a new 3p in the pound income tax for local services.” [Guardian]


I think I made a mistake, admits Osborne 28/10/08
“George Osborne attempted yesterday to draw a line under the row over his contacts with a Russian billionaire when he admitted he had made a mistake in discussing a donation from Oleg Deripaska during his summer holiday in Corfu.” [Guardian]


Brown and Sarkozy unite in call for increased IMF funds 28/10/08
“Gordon Brown tonight received the backing of French president Nicolas Sarkozy for a substantial increase in the resources available to the International Monetary Fund to stop the "financial contagion" from spreading around the world.” [Guardian]

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10/21/08

Heron's Eye: 21/10/08

Three men in a boat (to say nothing of the media mogul) 21/10/08
Michael White examines the rumours behind the allegations that Peter Mandelson and George Osbourne have been courting the Russian aluminium tycoon Oleg Deripaska, politely widening the net of intrigue in the world of schmoozing to discuss Rupert Murdoch. [Guardian]


Seven things you might not know about Gordon Brown's reshuffle 09/10/08
Andrew Sparrow provides interesting observations on Gordon Brown’s recent cabinet reshuffle. [Guardian]


Two key Blairites say government could have done more to avert financial crisis 21/10/08
Andrew Sparrow shines light on evaluations from key Blairites on how (and how well) the Government has effected the financial crisis. [Guardian]


Amid the rubble of global finance, a blueprint for Bretton Woods II 21/10/08
Jeffrey Sachs on the need for a Bretton Woods II and how it should look beyond financial regulation and address world development goals and environmental issues. [Guardian]


Wasteful job creation schemes 21/10/08
The Guardian letters page, providing differing interpretations on the benefits of full employment. [Guardian]

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10/20/08

Heron's Eye: 20/10/08

Labour fails to win poll boost from banking crisis 20/10/08
Gordon Brown is winning praise but not votes for his handling of the financial crisis, according to a Guardian/ICM poll published today. It shows the Conservatives maintaining a double-digit lead, enough for a Commons majority, despite the transformation of the prime minister's reputation at Westminster. [Guardian]


Gordon Brown defends level of national debt 20/10/08
Gordon Brown today defended the level of Britain's national debt – claiming it is "considerably lower" than a decade ago. The prime minister told MPs that it was because the government had repaid so much of its debt in previous years that it was able to borrow more now. [Guardian]


Financial crisis leaves David Cameron with few options 20/10/08
Last week, in an article about what David Cameron and his circle were thinking about the political consequences of the global financial crisis, ConservativeHome reported: "The Tories are not worried about being largely out of the news." [Guardian]


David Cameron is back - but he's storing up trouble for himself with this speech 20/10/08
“Is David Cameron at liberty to attack Gordon Brown's economic record as chancellor and prime minister? Of course he is. That's what we pay an opposition for: to oppose. He also produced a joke I hadn't heard.

Yet to hear some of this morning's talk about breaking the "political truce" during a financial crisis, you'd think he'd done something terrible like push the Brown kids off their tricycles and grazed their tiny knees.” [Guardian]


Salmond blames 'sub-prime minister' for banking disaster 20/10/08
Alex Salmond yesterday blamed Gordon Brown for the economic "calamity" that has forced the government to find £200bn to bail out the UK's banking sector.

The Scottish National party leader accused Brown of "presiding over the biggest economic reverse for a generation", deriding him as the "sub-prime minister". [Guardian]


'Insolvency arc' may influence Scottish poll 20/10/08
Michael White on the effects of the current financial crisis on the SNP’s political fortunes. [Guardian]


Darling invokes Keynes as he eases spending rules to fight recession 20/10/08
The Treasury confirmed yesterday it intends to fast-track spending planned for future years as Alistair Darling signalled that he will use next month's pre-budget report to relax Labour's long-standing fiscal rules to head off the worst effects of the recession.

Over the weekend the chancellor indicated that the government would seek to reflate the economy with a period of targeted spending on large infrastructure projects. Darling said yesterday that the economic thinking of legendary economist John Maynard Keynes was coming back into vogue. [Guardian]


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10/15/08

Heron's Eye: 15/10/08

Ed Miliband: No retreat from green agenda despite recession
“The new energy and climate change secretary, Ed Miliband, insisted today that there must be no retreat from the government's climate change agenda in the face of the coming recession, as he prepared to accept proposals from Lord Turner's climate change committee tomorrow to increase Britain's statutory target to cut carbon emissions from 60% to 80% by 2050.” [Guardian]

Gordon Brown: I am very angry with Lords over 42 days
“Gordon Brown today said he was "very angry" with the House of Lords after it threw out his plans to detain terrorism suspects without charge for up to 42 days, forcing the government to abandon its proposal.” [Guardian]

The end of capitalism? No, just another burst bubble
“So this is to be Brown's Falklands. Victory on Mount All-fall-down. Bonfire of the bonuses. Service in St Paul's. March-past by the Royal Troop of Derivatives Traders. Anthem to the Bankers' Brigade. Tomb of the Unknown Arbitrageur” [Guardian]

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In The Loop: 15/10/08

Gordon Brown announces financial summit for world leaders 15/10/08

“A summit of world leaders - possibly to include the new president-elect of the United States - will take place by the end of the year, Gordon Brown announced this afternoon as he unveiled new British proposals to avoid another collapse of the financial system.” [Guardian]


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8/14/08

Heron's Eye: 14/08/08

MP's death leaves Brown facing new SNP challenge in neighbouring Fife constituency
Gordon Brown faces a difficult byelection in his neighbouring Fife constituency after the death of Labour MP John MacDougall from cancer.

Downing Street is likely to wait until after Labour's conference next month before facing the Scottish National party in Glenrothes. MacDougall, 60, held the seat with a majority of 10,664 at the 2005 general election. But the SNP in effect won the seat in last year's Scottish parliamentary elections with a majority of 1,166 - although the Holyrood constituency, Central Fife, has a slightly different boundary. [Guardian]

Jack McConnell: Should he stay or should he go?
Severin Carrell on the issues facing the Labour party and byelections at the moment. [Guardian]

Labour is in a deep hole, former minister admits
Gordon Brown is in a "deep hole", placing Labour in a more serious position than other governments that have experienced mid-term blues, a former minister said yesterday. [Guardian]

Unions and MPs back 'dream ticket'
A powerful coalition of mainstream Labour MPs and leaders of Britain's biggest unions is backing a right-left 'dream ticket' of Alan Johnson and Jon Cruddas to lead the party into the next general election, having given up on Gordon Brown's premiership. [Guardian]

Gethsemane: David Hare's satire crucifies New Labour
David Hare anatomised the failure of privatisation in The Permanent Way; in Stuff Happens, he turned a ruthless eye on the double-think and culpable naivety that led to the Iraq war. And in his new play, Hare dramatises his final and bitter disenchantment with New Labour, the Guardian can reveal. [Guardian]

Tories' favourite thinktank brands northern cities failures
A Tory push to win back seats in the north of England suffers a blow today with the party's favourite thinktank declaring that key cities, such as Liverpool and Sunderland, have "failed" and people should be paid to move south. [Guardian]

Cameron rubbishes 'barmy' report on failing north
"

It was dreary and wet, and slumped in a chair opposite David Cameron was a jobless hoodie: much of the north in a nutshell according to Policy Exchange, until yesterday the Tory leader's favourite thinktank.

Not any more. Cameron took less than a minute after arriving in Carlisle - as far north as you can get on England's western side - to pan the group's dismissal of the region. It wasn't cities such as Sunderland, Bradford or the European Capital of Culture, Liverpool, which were hopeless, he said, after joining a confidence-building class for local teenagers. It was the thinking at Policy Exchange." [Guardian]

In praise of the north
"A rightwing thinktank has written off many northern cities as worthless failures and advised their inhabitants to move south at once. In fact, everything about life in the north of England - from the people and the food, to the politics and the fashion - is the best in Britain. Here, 10 writers explain why."[Guardian]

Geographic folly
Steve Bell on Policy Exchange’s report on the north of England. [Guardian]

Bling culture turns youths to crime, says minister
Young men are shunning work and turning to a life of crime as Britain develops a "get rich or die trying" culture, the country's most senior black MP warns today. David Lammy, the skills minister, says young men are encouraged by a "bling culture" to pursue crime as a short cut to wealth in the face of a rapidly changing economy which no longer places a premium on manual jobs. [Guardian]

Brown ally joins call for windfall tax on energy companies
One of Gordon Brown's closest allies has joined calls for a windfall tax on oil and energy company profits to pay for measures to alleviate the impact of higher fuel bills on the poor. [Guardian]

Companies face crackdown on electricity greenwash
Dozens of companies face having to report embarrassing sharp increases in their carbon pollution under government plans to crack down on greenwash. [Guardian]

Ex-drugs policy director calls for legalisation
A former senior civil servant who was responsible for coordinating the government's anti-drugs policy now believes that legalisation would be less harmful than the current strategy. Julian Critchley, the former director of the Cabinet Office's anti-drugs unit, also said that his views were shared by the "overwhelming majority" of professionals in the field, including police officers, health workers and members of the government. [Guardian]

The media's addiction to controversy can seriously damage your health
Peter Wilby on the dangerous effects of journalists’ desire for a news story overpowering rational examination in scientific matters. [Guardian]

From courageous to stubborn
Martin Kettle prods around Gordon Brown’s brain in order to highlight how Brown’s impression of what is courageous becomes something else when he is unable to change direction on issues. [Guardian]

Tories pledge to grant police greater surveillance powers
Police would be given greater powers to conduct surveillance operations on people suspected of crimes such as burglary and vehicle theft under plans the Conservative Party will announce today. [Guardian]

National security: Plans for 'secret inquests' face defeat in Lords
Ministers' plans to hold in secret inquests that are deemed to put national security at risk are expected to face defeat when the House of Lords votes on them this autumn. A cross-party committee of peers, including a former lord chief justice and two former attorney-generals, has told the government that any decision to hold an inquest without a jury must be taken by a judge and not a minister. [Guardian]

'Snooper's charter' to check texts and emails
Local councils, health authorities and hundreds of other public bodies are to be given the power to access details of everyone's personal text, emails and internet use under Home Office proposals published yesterday. [Guardian]

Today's Tories really are the party for the arts
Ed Vaizey, Shadow Culture Minsiter: “One of Peter Mandelson's enduring political legacies has been a pithy maxim: only when you are bored of what you are saying will the public start to hear you. So at the risk of boring myself, let me respond to the attack on Conservative arts policy by Dominic Cooke, the artistic director of the Royal Court theatre in London (Lurking in the wings, August 6)….” [Guardian]

So what's the big idea, Chancellor?
Heather Stewart on the possible options available to the Chancellor to stimulate the economy. [Guardian]

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7/31/08

Heron's Eye: 31/07/08

Why is New Labour so worried about elections?

John McDonnell MP writes on the need for increased accountability and more democratic representation within the Labour party. He also highlighted the need for more cabinet members who fancy their chances as becoming PM to explain why and have a go, rather than writing articles, holding press conferences and briefing the media. [Guardian]

David Miliband quits foreign trip to spark new rumours of challenge to Brown

David Miliband has sparked fresh speculation that he is about to leave his job as Foreign Secretary to challenge Gordon Brown after suddenly cancelling a four-day foreign trip, and holding what was interpreted as a 'farewell' meeting with his staff. [Times]

Labour's last Scottish leader?

Steve Richards discusses the possible linkage between Labour leaders’ nationality and their support from the English press and voting public. [NewStatesman]

Ministers accused of retreat on role of attorney general

Gordon Brown's plans for constitutional reforms to make the government more accountable to parliament and the public have been turned into a "ragbag of retreats" by the justice secretary, Jack Straw, according to a dissenting report by a minority on a cross-party group of MPs and peers. [Guardian]

Law lords: fraud office right to end bribery investigation in BAE case

The House of Lords yesterday ruled that the Serious Fraud Office acted lawfully when it halted its investigation into bribery allegations relating to an arms deal between Saudi Arabia and BAE Systems. [Guardian]

We're not fundamentalists - personal information deserves respect

Guy Herbert, the general secretary of NO2ID demystifies some of the criticisms that opponents to ID cards receive. [Guardian]

MPs tell internet firms to police 'dark side' of web

The internet industry must take more responsibility for protecting young people from the "dark side" of digital content relating to abuse, violence and suicide, according to a committee of MPs. [Guardian]

MPs, step away from the internet

Charles Arthur writes on the distance in thinking between MP’s penchant for top down planning and the everyday functioning of the Internet. [Guardian]

China accuses US of trying to sabotage Olympics

The Chinese government accused US politicians of displaying "evil motives" and trying to "sabotage the Olympics" today after the House of Representatives passed a resolution condemning Beijing's record on human rights. [Guardian]

Why the News of the World should be caned for its scandalous errors

Roy Greenslade intuitively deliberates on the Max Moseley and NOTW trial. [Guardian]

How the unions bailed out Labour with £10million

The scale of Labour's reliance on the trade unions was revealed yesterday as the debt-ridden party published its accounts. [DailyMail]

King of the Hill

With all of the tremendous political weight that Prime Minister Vladimir Putin has accumulated over the last eight years, he has the rare ability to wreak havoc on financial markets with only one short phrase.

Putin's harsh criticisms on July 24 of the Mechel coal and steel company caused the value of its American Depositary Receipts to fall by 36 percent, or nearly $6 billion, on the New York Stock Exchange. Two days later, when Mechel's management admitted that it had been selling raw materials to overseas customers at half the price it charged on the domestic market -- precisely as Putin had claimed in his public rebuke -- its share price rebounded by 22 percent. [MoscowTimes]

Tory MP Alan Duncan sues Telegraph for libel

Tory MP Alan Duncan is suing Telegraph Media Group for libel over a story published in the Daily Telegraph. Duncan, the shadow secretary of state for business, enterprise and regulatory reform, is demanding unspecified damages. He claims that a front page story headed: "Cameron tries to steady Tories as EU sleaze scandal spreads", and an inside page story: "Second shadow cabinet member in sleaze inquiry", were defamatory. [PressGazette]



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7/30/08

Heron's Eye: 30/07/08

Lib Dem Donor On The Run

A millionaire businessman who donated £2.4 to the Liberal Democrats has gone on the run ahead of his trial for fraud. [SkyNews]

Giant TVs win my gold medal for crassness

Griff Rhys Jones on the creep of large scale television screens into civic centres and their imposition into our daily life. [Times]

David Miliband refuses to rule out leadership challenge to Gordon Brown

Miliband looks at his watch. Journalists go in a frenzy. [Guardian]

Labour cuts debt to £18.9m

Does the non-election last year explain the £7m surplus? [Guardian]

Boris Johnson needs someone to keep an eye on him

Dave Hill on the need for effective scrutiny of Boris Johnson, particularly during the summer. That reminds me, why is recess so long? [Guardian]

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