Mandelson wants to be Foreign Secretary
According to the Times, Lord Mandelson has told Gordon he wants to be Foreign Secretary, just like his grandfather Herbert Morrison. This puts the PM between a rock and a hard place. He needs to retain...
View ArticlePIMCO ditches US and UK bonds
The Pacific Investment Management Company, LLC (PIMCO) runs, amongst many others, the world’s largest bond fund, the Total Return Fund ($185.6 billion as of last September). PIMCO say this fund is “a...
View ArticleMandelson wants to tax us, Ed Balls wants to spend it
After Liam Byrne being forced to backtrack on his claim that no further taxes would be needed to repay the debt, Lord Mandelson, the First Secretary of State, has now admitted that taxes may have to...
View ArticleQuestion Time audience and panel gang up on Vince Cable
OK the headline is a bit tabloid but Vince Cable was the face that met the public and panel backlash to the budget on question time. Ed Balls, Caroline Lucas, and Peter Hitchens all had grievances with...
View ArticleNever trust a Bilderberg politician
Never trust a Bilderberg politician or the parties they represent. Why? because they do not represent you in any way, shape or form. I am not going to go into the world of conspiracy theory, instead I...
View ArticleEd Balls challenged to “explain” Labour’s plan for pension cuts
Conservative Party Chairman Grant Shapps has written to Ed Balls, challenging him to “explain” why Labour want to cut the Basic State Pension. In a letter today, Shapps presses Balls to explain...
View ArticleJLT comment on Labour's plans to cap pension benefits
Commenting on Ed Balls’ comments regarding Labour’s plans to cap over-65 year old’s benefits including the state pension, Charles Cowling, Director, JLT Employee Benefits, said: “Ed Balls’ comments...
View ArticleShapps: Even Ed Balls says Ed Miliband's latest policy means more borrowing
Ed Balls has already revealed that Ed Miliband's latest policy announcement would have to be paid for by more borrowing. During the 2010 Labour leadership campaign the Labour Shadow Chancellor said Ed...
View ArticleEd Balls Wants to Raise the Upper Tax Threshold to 50p in the Pound
In a speech to the Fabian Society Ed Balls, the Shadow Chancellor, said that the top rate of income tax would go back up to 50% if Labour wins the general election in 2015. This would return it to the...
View ArticleDodgy Tory dossier is riddled with untruths and errors on every page – Ed Balls
Responding to the Conservative Party's document 'A cost analysis of Labour Party policy: the scorecard for 2015-2016' [1] Ed Balls, The Labour Party's Shadow Chancellor, said: "This dodgy Tory dossier...
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