Monthly Archives: February 2013
The West Coast rail fiasco has landed taxpayers with a bill of £50million ‘at the very least’ a damning report by MPs revealed today.
The investigation into the bidding process found it was riddled with ‘littered with basic errors’ and showed a ‘complete lack of common sense’.
MPs said they were now worried about the ability of the Department for Transport (DfT) to handle future projects, including HS2 and Thameslink.
George Osborne’s Capital Gains increase ‘cut his tax take’: Chancellor faces call to slash rate | Mail Online
George Osborne faces calls to slash Capital Gains Tax as a report shows past increases have failed to create revenue.
Official figures examined by the Adam Smith Institute show putting up the tax in 2010 actually cost the Treasury income.
Its report finds people held on to assets – such as property or shares – rather than selling them, to avoid the higher tax rate.
The Liberal Democrats have slumped to their lowest-ever poll rating in the wake of allegations that their former chief executive Lord Rennard sexually harassed female party activists.
For the first time in its monthly polls for The Independent, ComRes puts Nick Clegg’s party in fourth place behind the UK Independence Party. The Liberal Democrats are on just eight per cent, down two points on last month, while Ukip is on nine per cent (down one point).
The survey, taken between Friday and Sunday when the Rennard controversy dominated the headlines, suggests it has damaged the Liberal Democrats. It is a setback for Mr Clegg in the run-up to Thursday’s Eastleigh by-election caused by the resignation of Chris Huhne, the former minister who has admitted perverting the course of justice and awaits sentencing.
Liberal Democrat leader Nick Clegg has been forced to admit that his office knew for years of claims that a senior party figure might be sexually molesting volunteers and staff.
The Deputy Prime Minister changed tack in a statement on Sunday evening over the sex scandal which is engulfing his party.
He broke into the end of his holiday to admit for the first time that his office had been aware of the allegations surrounding his former chief executive Lord Rennard since 2008. But he said he was personally unaware of the claims.
Mary Portas Government-backed scheme to save the British High Street descends into farce with thousands left unspent | Mail Online
A Government scheme backed by retail expert Mary Portas to save struggling British high streets has descended into farce, according to a new report.
Portas was enlisted by the Government to try to revive high streets hit by soaring rents and rates, the economic downturn, out-of-town supermarkets, and the boom in online shopping.
But trade magazine The Grocer reported this week that the Portas pilot project has failed to provide a rescue package for thousands of shops under threat.