Teesworks Controversy: A Tale of Ambition, Allegations, and Accountability

The Teesworks regeneration project, championed by Conservative Mayor Ben Houchen, aimed to transform the former Redcar steelworks into a hub for green industry and economic revitalization in the Tees Valley.  However, the initiative has become embroiled in controversy over governance, … Continue reading Teesworks Controversy: A Tale of Ambition, Allegations, and Accountability

Cameron accepted for Role in First Data appointment

David Cameron is taking on a new job with US electronic payments firm First Data that will see him work as a “brand ambassador” for the technology business, the company has announced. The former prime-minister’s part-time role with the Georgia-headquartered business was cleared by anti-corruption watchdog the Advisory Committee on Business Appointments in July, according to a just-published decision letter. Like other former ministers and senior civil servants, Cameron was required to notify ACOBA of his plans so it could offer an opinion on the job’s suitability. Last month the body voiced concern after former GCHQ director Robert Hannigan’s appointment to a role … Continue reading Cameron accepted for Role in First Data appointment

Barclays and Libor Fixing

Calls today came for the resignation of Bob Diamond the boss of Barclays Bank after the bank has been found to have adjusted the  inter-bank lending rate – known as the The Libor rate (the average interest rate that leading banks in London charge when lending to other banks) to it’s own favour. David Cameron says Barclays has “serious questions to answer” over Libor fixing and George Osborne describes the scandal as a “shocking indictment” of the banks amid calls for the bank’s chief executive Bob Diamond to resign. George Osborne on Thursday threatened tougher sanctions for banks after Barclays … Continue reading Barclays and Libor Fixing

MP’s criticise Health Reforms

A committee of MPs believe that the changes proposed by Andrew Lansley‘s health reforms are obstructing efforts to make the NHS more efficient, and that the reforms fail to address how to care better for an expanding elderly population. The highly critical report by the cross-party select committee on health, that is due to be published on Tuesday, comes as the medical establishment prepares its own summit on Thursday to discuss concerns over the health and social care bill. The report which is the findings of a committee chaired by Stephen Dorrell, the former Conservative health secretary  will probably cause … Continue reading MP’s criticise Health Reforms