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Politics


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"Austria's Haider dies in accident"

I'm not one for conspiracy theories, but when an EU-sceptic politician dies in a mysterious accident ...?

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MoD Data Loss - Can It Get Any Worse?

Another day, another… hardly a week goes by without… if I had a fiver for…. I’ve lost count of how… The latest incident of data loss really, really plumbs the depths. I’ve started to pay less attention to the detail of such cases recently because it’s plain they’re simply endemic, human failings and not something we [...]

1Vote!

Which Debt-Ridden Premier League Clubs Were Contacted By Banks?

Creditors have contacted at least three Premier League clubs to express their concern that their level of debt is unsustainable, according to Paul Kelso of The Daily Telegraph. The question is which clubs do you believe are the ones most likely to have been contacted? Vote now. Which Premier League Clubs Were Contacted By [...]

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TODAY’S TOP STORIES / 10th October

Lost in Iceland Financial Crisis Councils ‘not reckless with cash’ Asian stocks hit after Dow plunge World must follow my example, says Brown Gordon Brown to sue Iceland DAILY BLOG REVIEW / by Sarah Ismail Hello Readers! I’m your new Friday NetCaster. I’d like to present a new feature, Friday Fun. Something to smile at, just because [...]

3Vote!

Exposure

Well you didn't think council Finance Directors kept the millions they get from the Assembly Government in a bucket under the bed, did you? They didn't. Some - and we know already of five Welsh councils - were attracted by investment opportunities in Icelandic banks, like Landsbanki's promise of "Creative, positive, sustainable" plans to invest their money and better interest rates than they were...

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Singer & Friedlander, nationalised and sold to ING

Guido is lamenting the demise of Singer & Friedlander, founded 1907. The dream team of Darling & Brown have been at work again with the Statutory Instruments, in that the UK Government nationalised it this morning using an SI laid before parliament at 4.00 p.m. on 8th October 2008, coming into force at 12.00pm today, and promptly sold it on to ING Direct N.V.

9Vote!

Pesto-Wire Causes More Misery

The FT's Alphaville blog calls him "Pesto-Wire" and mocks him for replacing the official Regulatory News Service. He is a bit of a market menace because his reports are perceived as based on sources in 10 & 11 Downing Street. So he is a market mover. Guido has thousands of readers in the City and this email is typical of the feeling towards him in the Square Mile: Dear Guido, The Peston wrote a blog...

6Vote!

Clegg falls 0.8% below Ming's final poll rating

The Times has the full details of its Populus poll. On the economy it finds:"On competence, who do you most trust to deal with Britain’s economic problems, the Cameron/George Osborne team has been static since the spring on 38 per...

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What Kezia Dugdale’s retirement says about blogging

I was sorry to read that Kezia Dugdale has ‘retired’ from blogging. Jeff has the full details and an interview with Kezia herself about the matter. It’s a blow to the Scottish political blogosphere for a number of reasons. First and foremost, Kezia was a great blogger in her own right. But perhaps more significantly she [...]

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You'd better get this party started

News that the UUP conference has been delayed by a month has been greeted with glee by DUP inclined commenters on Slugger . They believe that the postponement is due to talks with the Conservative party gradually unravelling. If movement to align the two parties were to stall at this stage, it would be cause for DUP celebration. From the moment Cameron and Empey released their joint statement, Peter...

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"Upholding values which the market alone cannot generate"

Gordon Brown takes hypocrisy into hyperspace . "My values - the values of the country - celebrate hard work, and effort, and enterprise, and responsible risk-taking ..." Do they hell. The values of this government include rewarding irresponsibility and idleness, punishing hard work and self-sufficiency, and attempting to abolish risk in the guise of 'health and safety' - while completely ignoring moral...

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Exclusive : Michael Howard Complains to FSA Over Pesto-Wire

City outrage over Peston's reporting has been voiced by Michael Howard. He has written to the FSA to ask for an investigation into the leaking of intensely market sensitive information to Pesto-Wire. Good. click to enlarge

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Mayor claims victory as robberies fall on London buses

Boris Johnson is claiming to have achieved his pledge to cut crime and disorder on London transport, five months after taking office.Announcing that dedicated police teams would be deployed across 30 locations in January 2009, the capital's mayor produced statistics...

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Australia cuts interest rates by 1%: so should we

Australia has cut interest rates by 1%. In the UK Alastair Darling pleads with Mervyn King to cut rates but is doing nothing to back up his pleas. There is no guarantee King will listen. It seems he’d rather watch London burn. And Darling pretends there is nothing he can do about that. There is. The government [...]

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WHY THE LEFT SHOULD SUPPORT THE BANK STABILISATION MEASURES

I am mystified by the reaction of the left to the efforts of the governments to stablise the banking sector. For example, Chris Bambury argues in Socialist Worker:; “Would any sane person bail out a bank in order to take control of its debts but not its profits? No. Yet that’s exactly what George Bush, Gordon [...]