The Great Debate UK
from UK News:
As the three main UK political parties vie for positioning ahead of a general election to be held by June, the Conservatives unveiled their "Technology Manifesto" on Thursday in London outlining the key issues they would address if they form the next government.
Shadow Culture Secretary Jeremy Hunt and Shadow Cabinet Office Minister Francis Maude presented ideas on everything from improving broadband speeds to making government data accessible online.
Boosting broadband speeds would play a crucial role in stimulating growth by providing new areas of financial competitiveness, they said.
"This is central to the growth of the UK economy and will create hundreds of thousands of jobs," Hunt said.
Britons have never really got the euro zone. "Its not really going to happen, is it?" was a typical question from a City analyst to Reuters back in the mid-90s. The political drive behind the creation of the monetary union was beyond many in eurosceptic Britain.
So the results of a straw poll at an event sponsored by independent City advisers Lombard Street Research were somewhat suprising. A hundred or so mainly British investors were asked whether the euro would be around in five years with its current membership. Response was about 80 percent saying yes to 20 percent saying no.
Rachel Mason is public relations manager at independent financial service providers Fair Investment Company.The opinions expressed are her own. Reuters will host a “follow-the-sun” live blog on Monday, March 8, 2010, International Women’s Day. Please tune in.-
With the end of the tax year fast approaching, now is the time to make sure all your finances are in order and that you are maximising all the annual allowances, reliefs and exemptions available.
Some political observers fret over the paucity of policy initiatives emerging from Britain’s two main political parties ahead of a general election expected on May 6, as pre-election rhetoric turns its focus toward the possibility of a hung parliament.
Such a scenario raises fears of further economic instability if financial markets react badly to the uncertainty the result might bring to the political arena.
Where is the burning debate on domestic and foreign policy observers might expect from the major political parties ahead of the next general election in Britain?
It’s just not going to happen, says political commentator and writer Tariq Ali, whose new novel “Night of the Golden Butterfly” concludes a fictional series titled “Islam Quintet” he began writing 20 years ago.
- Juliet Davenport is founder and CEO of Good Energy, a renewable electricity supplier. She is unique in being the only female founder in the UK of an energy supply business, traditionally a male-dominated sector. The opinions expressed are her own. Reuters will host a “follow-the-sun” live blog on Monday, March 8, 2010, International Women’s Day. Please tune in. -
Regardless of their views on climate change and man’s contribution to it, most business leaders agree on one point – as fossil fuels get scarcer and the UK decarbonises our economy, our energy prices will continue to rise.
There is a divisive election ahead for Britain, the threat of a ratings downgrade on its sovereign debt and a deficit that has ballooned into the largest by percentage of any major economy. UK stocks, bonds and sterling, however, are trundling along as if all were well. What gives?
For a fuller discussion on the issue click here, but the gist is that all three asset classes are being support by factors that may be masking the danger of a broad reversal. UK equities have been driven higher by the improving global economy, bonds held up by the Bank of England's huge buying programme and sterling by valuation and the distress of others.
So keen is the British prime minister to airbrush out his decade as a "light touch" finance minister that he embraced the heretical idea of a levy on financial transactions as one way to make banks pay for future bail-outs -- the so-called Tobin tax.
from UK News:
Former Foreign Office minister Kim Howells poses the question in the Guardian in a piece made grimly relevant by Wednesday's shooting dead of five British soldiers by an Afghan policeman.
Howells says troops should be brought back from Afghanistan and that the billions of pounds saved should be used to beef up homeland security in Britain -- drawing the front line against al Qaeda around the UK rather than thousands of miles away in Helmand province.