Is all well at the Treasury? The reason City Spy asks is that whispers abound of a growing rivalry between two of the department’s ministers, Lord Sassoon, the commercial secretary and Mark Hoban, the financial secretary... more
Frugality has become a thing of the past in local government with about 20 town hall chief executives receiving basic pay higher than the Prime Minister's... more
A very senior banker asked me twice: "What do you think of George Osborne?" It was the way the question was asked and the repetition that gave me pause... more
In launching his putsch on the Financial Services Authority and overhaul of City regulation, George Osborne paid tribute to Sir James Sassoon as the Shadow Chancellor’s adviser. This is most odd... ... more
Politicians invariably behave even more oddly than usual when there is an election looming, and it is useful to bear this simple thought in mind when looking at the raft of proposals emerging from all corners of the European continent for regulation of the financial-services industry... more
Interview: Mention Sir James Sassoon to a member of the Government and they will come as close as they can to spitting. To them, Sassoon, 53, is a turncoat... more
Buying Government securities last week could yet prove to be one of the biggest single mistakes made by the authorities in their efforts to manage the financial crisis... more
A study from the LSE commissioned by the Mayor, Boris Johnson, estimates that there are nearly three-quarters of a million illegal immigrants in Britain... more
Tonight:
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