Home The Armed Forces were called upon to supply 3,500 men to look after security for the Olympic Games after GS4, a security company, failed to recruit enough staff. Nick Buckles, its chief executive, agreed before a Commons committee that it had been a ‘humiliating shambles’ but said that the company would keep its £57
Home The government cancelled a vote setting a timetable for a Bill to reform the House of Lords after dozens of Conservative MPs were ready to rebel. The Bill, which gained a second reading thanks to Labour, was brought in at the insistence of the Liberal Democrats. Six men from the West Midlands were charged
Home Bob Diamond resigned as chief executive of Barclays a day after he said he wasn’t resigning. Marcus Agius resigned as chairman of Barclays, and a day later was appointed ‘full-time chairman’ to seek a replacement for Mr Diamond. The imbroglio followed a £290 million fine (£59.5 million by the British Financial Services Authority and
Home A computer failure left millions of customers of RBS and NatWest without access to their money for days; a man was held in jail over the weekend because his bail payment could not be traced, and other customers feared that their credit ratings would suffer because of missed payments for mortgages and regular direct
Home Europe faced ‘perpetual stagnation’ unless leaders acted to resolve the euro crisis, David Cameron, the Prime Minister, said at the G20 summit of leading economies in Mexico. He also said that he would ‘welcome more French businesses to Britain’, where they would pay tax at a lower rate than that imposed by the Socialist
Home The Church of England opposed government plans for gay marriage, noting that if they were brought into law, the European Court of Human Rights would probably oblige churches to perform such marriages. Michael Gove, the education secretary, said he expected children of five to recite poetry. Gordon Brown, the former prime minister, in evidence
Home The government revised plans announced in the Budget to put VAT on warm Cornish pasties and supermarket rotisserie food, and reduced the proposed 20 per cent VAT on static caravans to 5 per cent. It launched an £82 million scheme to lend money (typically £2,500) to people aged between 18 and 24 who want
Home The International Monetary Fund suggested Britain should undertake more quantitative easing or even cut interest rates. But Christine Lagarde, the IMF’s managing director, said ‘I shiver’ at the thought of Britain’s deficit in 2010 having been left without plans for fiscal consolidation. Vince Cable, the Business Secretary, made a noise for his side of
Home The Bank of England decided against more quantitative easing, after creating £325 billion in three years. Steve Hilton, the Downing Street director of strategy, left proposals for cuts of £25 billion from welfare spending as he headed off for an academic post in California. Philip Hammond, the Defence Secretary said that business leaders were
Home David Cameron, the Prime Minister, declared that he would ‘focus on what matters’ after the Conservatives’ poor showing in the local elections brought accusations that pursuit by the coalition of such aims as gay marriage and reform of the House of Lords was alienating voters. On the eve of the Queen’s Speech he appeared
Home A report by the Commons culture media and sport select committee into News International and phone-hacking declared: ‘Rupert Murdoch is not a fit person to exercise the stewardship of a major international company.’ Four of the ten members of the committee did not endorse this finding. David Cameron, the Prime Minister, was called to
Home The British economy went back into recession, shrinking by 0.2 per cent in the first quarter of 2012, following a contraction of 0.3 per cent in the last quarter of 2011. Government debt rose by £117 million over last year’s figure, to £1,022.5 billion, equivalent to 66 per cent of GDP. George Osborne, the
Home Abu Qatada, wanted in Jordan on terrorism charges, was held in prison in England again, two months after his release from prison, and Theresa May, the Home Secretary, said he would be deported to Jordan, although ‘deportation may still take time’. Abdel Hakim Belhadj, a Libyan commander, sued Jack Straw, the former foreign secretary,
Home The European Court of Human Rights ruled that Britain would not violate human rights by extraditing to the United States five terrorist suspects: Abu Hamza, Babar Ahmad, Adel Abdul Bary, Talha Ahsan and Khaled al-Fawwaz; the case of Haroon Aswat, who suffers from schizophrenia, was adjourned. A car bomb was found at Newry, Co.
Home Nick Clegg, the deputy Prime Minister, said he could not support as they stood government plans to hold in camera civil court cases involving secret intelligence. The government also proposed changing the law to allow it to monitor the telephone calls, emails, texts and visits to websites of everyone in the country. UK Biobank
Home Peter Cruddas resigned as co-treasurer of the Conservative party after being recorded by undercover reporters from the Sunday Times encouraging donations with the prospect of private dinners with David Cameron, the Prime Minister, in his Downing Street flat. ‘Hundred grand is not Premier League. It’s not bad. It’s probably bottom of the Premier League,’
Home In the Budget, George Osborne, the Chancellor of the Exchequer, raised the threshold for workers to start paying income tax at standard rate to £9,205 and announced a gradual reduction of the rate for those earning more than £150,000 from 50 per cent. He imposed a higher level of stamp duty on houses costing
Home David Cameron, the Prime Minister, on an official visit to the United States, joined President Barack Obama in declaring that their relationship was not just special but ‘a unique and essential asset’. The Queen began her Diamond Jubilee tour of the United Kingdom at Leicester, with the Duke of Edinburgh and the Duchess of
Home Vince Cable, the Business Secretary, said in a leaked letter that the coalition lacks a ‘compelling vision’. He proposed that RBS be split up and half turned into ‘British business bank’. Earlier he had said that there was a ‘broad understanding’ in the coalition that, if the 50p tax rate was removed, it should
Home Nick Clegg, the Deputy Prime Minister, lent his support to a series of amendments to the government’s Health and Social Care Bill that he said would limit its adoption of competition and privatisation. The British Medical Association said that two thirds of members had approved some form of action over plans to make them
