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28/09/2009
Darling Cracks Down On Banker Bonuses
The Chancellor of the Exchequer Alistair Darling is set to crack down on the banker bonus culture in a key speech to the Labour Party's annual conference later.
Darling is weeks away from proposing new laws with higher capital requirements on banks with pay policies that regulators deem "too risky".
Acting alongside French Finance Minister Christine Lagarde the chancellor wants the guidelines agreed at last week's G20 conference in Pittsburgh to be implemented globally.
Speaking at the Brighton conference he will say: "Within months, the country faces a big choice.
"A choice not just about who's in government but about values that will shape our country and the opportunities for our people. A choice that will affect every area of our lives, every aspect of our future," he said.
"Let me assure the country - and warn the banks - that there will be no return to the business as usual for them. So in the next few weeks we will introduce legislation to end the reckless culture that puts short-term profits over long-term success."
With the next election due by June support for Labour is tied with the Liberal Democrats.
Beginning the conference Prime Minister Gordon Brown said: "We will not win every seat in the general election - but we will win many that people think we will not win."
The PM said Labour face "the fight of our lives" but dismissed challenges to his leadership and questions over his health, predicting voters will return back to the party.
Lord Mandelson said the party had to show it was "up for the fight".
The Business Secretary believes voters will be offered a wider choice than at any election for a generation.
He spoke of a "chasm" between Labour and Conservative policies on the economy, Labour are committed to protecting frontline public services within major spending constraints, while the opposition would see the economic crisis as an opportunity to cut services and reduce the state.
He said: "I would - and I think a lot of people in the country, when they reflect on it as well - rather have a man who knows his own mind, grasps the big picture and sticks to his guns, rather than a shallow flibbertigibbet who hasn't had the guts to take on his own party and drive through meaningful change in the Conservative Party and wouldn't be able to do so in the country as a whole."
(GK/BMcC)
Darling is weeks away from proposing new laws with higher capital requirements on banks with pay policies that regulators deem "too risky".
Acting alongside French Finance Minister Christine Lagarde the chancellor wants the guidelines agreed at last week's G20 conference in Pittsburgh to be implemented globally.
Speaking at the Brighton conference he will say: "Within months, the country faces a big choice.
"A choice not just about who's in government but about values that will shape our country and the opportunities for our people. A choice that will affect every area of our lives, every aspect of our future," he said.
"Let me assure the country - and warn the banks - that there will be no return to the business as usual for them. So in the next few weeks we will introduce legislation to end the reckless culture that puts short-term profits over long-term success."
With the next election due by June support for Labour is tied with the Liberal Democrats.
Beginning the conference Prime Minister Gordon Brown said: "We will not win every seat in the general election - but we will win many that people think we will not win."
The PM said Labour face "the fight of our lives" but dismissed challenges to his leadership and questions over his health, predicting voters will return back to the party.
Lord Mandelson said the party had to show it was "up for the fight".
The Business Secretary believes voters will be offered a wider choice than at any election for a generation.
He spoke of a "chasm" between Labour and Conservative policies on the economy, Labour are committed to protecting frontline public services within major spending constraints, while the opposition would see the economic crisis as an opportunity to cut services and reduce the state.
He said: "I would - and I think a lot of people in the country, when they reflect on it as well - rather have a man who knows his own mind, grasps the big picture and sticks to his guns, rather than a shallow flibbertigibbet who hasn't had the guts to take on his own party and drive through meaningful change in the Conservative Party and wouldn't be able to do so in the country as a whole."
(GK/BMcC)
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A couple have been found dead in an Essex hotel pool. The bodies of the man and woman, believed to be in their 30s and 20s respectively, were found at the luxury Down Hall Country House Hotel in Hatfield Heath on Saturday.
13 August 2012
Paralysed Teacher Loses £5m Damages Claim
A teacher left paralysed following an accident involving a Wellington boot has lost his claim for more than £5m in damages. 45-year-old Glennroy Blair-Ford was on a school trip in Devon when he broke his neck while taking part in a sporting event commonly known as ‘welly wanging’.
Paralysed Teacher Loses £5m Damages Claim
A teacher left paralysed following an accident involving a Wellington boot has lost his claim for more than £5m in damages. 45-year-old Glennroy Blair-Ford was on a school trip in Devon when he broke his neck while taking part in a sporting event commonly known as ‘welly wanging’.
20 June 2012
Julian Assange Seeks Asylum In London's Ecuador Embassy
Wikileaks founder Julian Assange is seeking political asylum at Ecuador's London embassy. The South American country says it is "studying and analysing the request". This follows after last weeks rejection by the UK’s Supreme Court of Mr Assange's bid to reopen an appeal against extradition to Sweden over alleged sex crimes.
Julian Assange Seeks Asylum In London's Ecuador Embassy
Wikileaks founder Julian Assange is seeking political asylum at Ecuador's London embassy. The South American country says it is "studying and analysing the request". This follows after last weeks rejection by the UK’s Supreme Court of Mr Assange's bid to reopen an appeal against extradition to Sweden over alleged sex crimes.
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Boys Held Over Fawn's Death
Three boys have been arrested in relation to the apparent brutal killing of a newborn deer in a country park in Dorset. Three teenagers were seen to pick up the fawn, throw it to the ground and take turns to stamp on it in Upton Country Park. Dorset Police arrested two 17-year-olds and a 15-year-old all from Poole.
Boys Held Over Fawn's Death
Three boys have been arrested in relation to the apparent brutal killing of a newborn deer in a country park in Dorset. Three teenagers were seen to pick up the fawn, throw it to the ground and take turns to stamp on it in Upton Country Park. Dorset Police arrested two 17-year-olds and a 15-year-old all from Poole.
04 August 2004
Country homes to adopt 'cutting-edge' architecture
New country houses will reflect the highest standards of contemporary architecture following a change to planning policy, it has been announced today.
Country homes to adopt 'cutting-edge' architecture
New country houses will reflect the highest standards of contemporary architecture following a change to planning policy, it has been announced today.
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