John McFall

Weighty words measured by the pound?

Published Date: 17 November 2008 THEY are an elite cabal whose very words have the power to move markets and shape futures. In an interview at the weekend, Mr Osborne said the nation's economy was the worst prepared for...

George Osborne humiliated

Cam brings in Letwin as Osborne blunders Blundering George Osborne was humiliated yesterday when his predecessor was put in charge of spending plans. Oliver Letwin was brought in amid calls for the Tories to sack Shadow...

Alarm bells ring in the Square Mile as RBS culls 3,000 jobs

Royal Bank of Scotland is finalising plans to cut 3,000 jobs in its investment banking business in a move that will send shivers through London's Square Mile. The bank, which is receiving a £20bn handout from the government,...

First-class news as U-turn saves 3,000 post offices

Published Date: 14 November 2008 THOUSANDS of post offices were effectively saved from closure yesterday, when the UK government announced that the network had retained a contract to pay pensions and benefits to more than four...

Post Office 'to keep card account'

The Government is set to end months of speculation over the future of a card account used by millions of people to receive benefits and pensions, giving an expected boost to the Post Office. (13/11/2008 09:58:49)

Post Office 'to retain' POCA contract

The Government was today set to end months of speculation over the future of a card account used by millions of people to receive benefits and pensions, giving an expected boost to the Post Office. Work and Pensions Secretary...

Harriet Harman takes one step forward while Nick Brown takes one step back

One step forward, two steps back, all within 24 hours? Today my tireless Westminster colleague Patrick Wintour reports that the government is setting up a nowadays-rare Speaker's Conference on how to make the representative...

"Spineless?" UK Pressure Targets Fair Value Weakening

IASB's independence is questioned at a Parliamentary hearing today, as politicians look to soften mark-to-market accounting. Since early October, IASB has been under fire for reportedly submitting to political pressure in...

Mandelson: banks meltdown could save post office network

Lord Mandelson is urging the prime minister to save the Post Office network by allowing it to provide government services and financial products, according to a leaked letter seen by the Guardian.Mandelson suggests that the...

Mandelson offers a lifeline to Post Offices

Nicholas Cecil, Evening Standard Lord Mandelson today threw a potential lifeline to thousands of post offices threatened with closure by arguing they could offer more services. The Business Secretary made his intervention in a...

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