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Home / Business News / RBS Warns Govt Over Cuts To Bank Bonuses
December 3, 2009 by hussnain news under Business News
LONDON: A row was brewing Thursday between state-rescued lender Royal Bank of Scotland and the government over cuts to bonuses, amid media reports the bank’s board could resign over the issue.
RBS warned Wednesday that it could struggle to hire and retain key staff after Prime Minister Gordon Brown’s government demanded... Read Full Story
Stewart Jackson says people in constituency are 'whingers and moaners'. He, a Conservative communities spokesman and MP for Peterborough, said that some people were too quick to “bash” t.... Read Full Story
Six MPs could face fraud charges in coming months over a long-running expenses scandal that has rocked parliament, according to a newspaper. Police will soon pass files to the Crown Prosecution Service on three MPs and three peers, over alleged abuse of the expenses system after an investigation, The Daily Telegraph said. Keir Starmer, the country?s top prosecutor, is then expected to make a decision on whether to lay criminal charges as early as January, just months before the next general... Read Full Story
Six MPs could face fraud charges in coming months over a long-running expenses scandal that has rocked parliament, according to a newspaper. Police will soon pass files to the Crown Prosecution Service on three MPs and three peers, over alleged abuse of the expenses system after an investigation, The Daily Telegraph said. Keir Starmer, the country?s top prosecutor, is then expected to make a decision on whether to lay criminal charges as early as January, just months before the next general... Read Full Story
Following on from last months meeting between David Cameron and Scottish Conservative donors where they said David Mundell was not up to the job of Scottish Secretary should the Conservatives win the general election (arrogant assumption by them they will), now Cameron is being urged to allow the Scottish champagne supping Conservatives to form a breakaway party . Apparently Tim Montgomerie editor of the ConservativeHome.com website and fairly senior Tory has urged Cameron to take this... Read Full Story
The Labour Party claimed a comfortable by-election win on Friday was an endorsement of Prime Minister Gordon Brown, in his likely final poll test before the general election. Labour candidate Willie Bain won almost three times as many votes as his closest rival from the Scottish National Party (SNP), to keep the party's firm grip on its Glasgow North East stronghold in Scotland's biggest city. "The people have had their say and they backed Gordon Brown and his efforts to secure our economic... Read Full Story
Prime Minister Gordon Brown's Labour Party easily won a by-election in Glasgow on Friday, in what is likely to be the embattled leader's last test at the ballot box before the general election. Labour comfortably defeated the Scottish National Party, winning almost three times as many votes, to hold its stronghold of Glasgow North East in Scotland's biggest city, official poll results showed. "Tonight the people have had their say and they backed Gordon Brown and his efforts to secure our... Read Full Story
Another week and another Tory being a complete hypocrite shock, this week it is the turn of Zac Goldsmith who has finally admitted being a 'non-dom', short for non-domicile tax status, enabling him to avoid paying sums of tax on his estimated £200million personal fortune. David Cameron's green advisers disclosure further risks embarrassing the Conservative party, he confirmed that he is a “non-dom” who can legitimately escape paying tax on his inheritance from his late father, Sir James... Read Full Story
GLASGOW (Reuters) - Britain's ruling Labour Party was expected to hold on to a parliamentary seat in one of its Scottish strongholds after voters went to the polls on Thursday in probably the last such test before a general election. The vote in the Glasgow North East constituency, one of the most socially deprived in the country, comes after parliament speaker Michael Martin stood down earlier this year following criticism of his handling of an expenses scandal. The scandal exposing... Read Full Story
Labour easily won a by-election in Glasgow Friday, in what is likely to be embattled Prime Minister Gordon Brown's last test at the ballot box before the general election. Labour comfortably defeated the Scottish National Party (SNP) into second place, winning almost three times as many votes, to hold the Glasgow North East seat in Scotland's biggest city, official poll results showed. "Tonight the people have had their say and they backed Gordon Brown and his efforts to secure our economic... Read Full Story