Politics News Archive

Pakistan Cricket Match Fixing Could Be In The Tens Of Millions

Pakistan Cricket Team

Pakistan Match Fixing Allegations

The recent news about the Pakistan Cricket team match fixing allegations appears to be more shocking than first thought. It now appears that the alleged match fixers may have made up to £20 million for their co conspirators, whilst securing a share of around £6 million for themselves. Mazhar Majeed was filmed by a Sunday [...]

Asil Nadir

Tycoon Asil Nadir Returns To Face Fraud Allegations

Tycoon Asil Nadir, now 69 years old, has finally returned to the UK to face allegations of mass fraud. The owner of multi the folded billion pound Polly Peck Empire is accused of stealing 34 million pounds from it. Nadir left it rather late to return to face justice, 17 years to be exact! As [...]

George Osborne trimmed down the Treasury Department staff, setting an example for other departments.

Treasury Department Staff Partially Cut by Osborne

George Osborne is out to set an example of how to save money – cut jobs. He trimmed the Treasury staff down by a quarter as the star chamber reconvenes this week. The star chamber is a group of ministers from different government departments with the responsibility of saving money anywhere possible. One of the goals of the government, at this point, is to settle budgets in a number of departments.

RBS is bowing out of sponsoring The Open Championship after nine successful years.

Sponsorship of The Open ends for RBS

After nine successful years, the Royal Bank of Scotland has decided to end its partnership with one of the PGA’s 4 major tournaments, The Open Championship. The move being just one in a series of changes in RBS sponsorships.

Bank of England's Charles Bean believes more policy needs to be instituted for healthy recovery.

Charles Bean of Bank of England Thinks More Policy Needed for Recovery

The Bank of England’s Charles Bean believes more economic support from policy makers in complex economies, will make a difference in coming through the recovery. He also believes that leaders around the world were successful in preventing a total financial collapse.

Sir Alan Budd officially stepped down from his role as leader of the OBR.

Sir Alan Budd Bids Farewell to OBR as Was Always the Plan

Office for Budget Responsibility (OBR) leader Sir Alan Budd has officially moved on after his official last day on Friday. Yet, he still is talking about his tenure in the job and speaking of regrets. He stated that he deeply regrets the fuss that occurred over the job loss forecast.

US Gulf Coast possibly avoided total ecological devastation.

Did US Gulf Coast Avoid Ecological Devastation?

Many experts believe the US Gulf Coast has dodged a massive ecological bullet. Cleanup vessels are actually seeing challenging times trying to find skimmable oil, even though hundreds of skimmers are out every day.