Many cities in northern China will face a smoggy weekend due to the windless weather, while smoke from firecrackers will worsen pollution in some areas, the national environmental authority said. Air quality will start to decline on Thursday in many n… read more
Defence Secretary Sir Michael Fallon speaking about Russia at St Andrews University. read more
Jonathan Reynolds MP, Labour’s Shadow City Minister, responding to reports that city financiers have been jailed over £245m loans scam, said:
“It’s welcome news that this gang have been prosecuted and sentenced. All those tempted to game the system and commit fraud against the public should know from the sentences passed that they’ll pay the price.
“Lack of faith in the financial sector is bad for the public and bad for the sector itself. The Government needs to do more to reassure people that the bad practices have ended. For a start, Philip Hammond should reinstate the commission on culture in banking cancelled by his predecessor.”
read moreI was delighted to read that the Bank now thinks the UK economy will grow by 2% this, year and confirms it did grow by 2% last year after all. I trust the Treasury will now raise their forecasts as well, as they were too pessimistic at the time of the Autumn Statement as pointed out at the time.
I look forward to the comments of various bloggers who wrote in over the past year to tell me I was wrong to argue the UK economy would grow at 2% both years. Do they now think the Bank is wrong, having backed its much lower forecasts so strenuously?
read moreThe Defence Secretary said today that the future of the Royal Marines in Scotland is secure. read more