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Jeremy Corbyn vows to curb City of London's power

Jeremy Corbyn vows to curb City of London's power Jeremy Corbyn is vowing to take on the City of London if he becomes prime minister, saying finance should be “the servant of industry, not the masters of us all”. The Labour leader will call for a “fundamental rethink” of the finance sector and how it is regulated. He will also promise to give the government new powers to intervene to prevent “hostile takeovers”. The Tories said Labour would “end up harming Britain’s businesses”. Mr Corbyn has often criticised bankers, and…

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International Development Committee to quiz Oxfam bosses

International Development Committee to quiz Oxfam bosses Senior Oxfam executives are to appear before MPs amid criticism over the way it handled claims of sexual misconduct by its staff in Haiti. The International Development Committee will question the charity’s chief Mark Goldring and chair of trustees Caroline Thomson, about safeguarding policies. Representatives from Save the Children and the Department for International Development will also be quizzed. Oxfam has apologised to Haiti at a meeting with its minister of planning. Earlier this month, the Times newspaper published allegations that Oxfam aid…

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Stormont deadlock: Foster pushes NI Secretary on budget

Stormont deadlock: Foster pushes NI Secretary on budget DUP leader Arlene Foster has urged the Northern Ireland Secretary to set a budget and take key decisions about the region’s schools, hospitals and infrastructure. Mrs Foster made her comments in a telephone call with Karen Bradley on Monday. Talks to restore the Stormont assembly collapsed on Wednesday. Meanwhile, Sinn Féin leader Mary Lou McDonald has again warned direct rule is not an option for Northern Ireland. Speaking after a meeting with Taoiseach (Irish prime minister) Leo Varadkar and Tánaiste (Irish deputy…

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What not to expect from Philip Hammond Spring statement

What not to expect from Philip Hammond Spring statement The Treasury has moved to play down expectations of Chancellor Philip Hammond’s Spring statement next month. The statement will have “no red box, no official document, no spending increases, no tax changes” and will last 15-20 minutes, a spokesman said. The event on 13 March will set out updated UK economic forecasts. Mr Hammond has decided to end the system of there being a Budget and a financial statement which was effectively a “mini Budget” each year. The Treasury spokesman outlined…

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Rent-a-church spire plan to boost mobile phone coverage

Rent-a-church spire plan to boost mobile phone coverage Church spires could be used to boost mobile and broadband coverage in rural areas under an agreement between the UK government and the Church of England. The government has committed to achieving good-quality mobile connectivity across the UK by 2022. While the agreement encourages churches to sign up, they will still have to negotiate the usual planning process. Digital analysts welcomed the development but said that “the devil would be in the detail”. “Getting access to suitable sites, particularly in rural areas,…

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MPs want Brexit fund for UK farmers

MPs want Brexit fund for UK farmers MPs scrutinising the government’s plans for the agriculture industry after Brexit want funding for farmers when EU subsidies end, they said in a report. Without an EU-UK trade deal, farm exports face tariffs from March 2019. UK shoppers would also likely see price rises from EU imports such as Danish pork and French cheese, the MPs found. However the Department for Environment, Food and Rural Affairs (Defra) said it could both “secure ambitious free trade deals while supporting farmers”. The environment secretary Michael…

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'Cut student interest rates' say MPs

'Cut student interest rates' say MPs There is no justification for such “high interest rates” on student loans, says a committee of MPs. The Treasury Select Committee says it is unconvinced by “questionable” claims in support of charging up to 6.1% on loans that cover fees and living costs. The report comes as the government prepares to unveil its review of university funding in England. Committee chairwoman Nicky Morgan says the return of maintenance loans could also help to “remove barriers”. Prime Minister Theresa May and Education Secretary Damian Hinds…

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UKIP members vote to sack leader Bolton

UKIP members vote to sack leader Bolton UKIP members vote to sack party leader Henry Bolton after controversy over racist messages sent by his partner This breaking news story is being updated and more details will be published shortly. Please refresh the page for the fullest version. You can receive Breaking News on a smartphone or tablet via the BBC News App. You can also follow @BBCBreaking on Twitter to get the latest alerts. Let’s block ads! (Why?) Source: New feed

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Pro-Corbyn group accused of blocking NEC officer vote

Pro-Corbyn group accused of blocking NEC officer vote A row has broken out at Labour’s National Policy Forum (NPF) gathering after a vote to elect a new chair was cancelled. The winner of the election, expected to have been Ann Black, would have joined Labour’s National Executive Committee. Despite being a left-winger, Ann Black does not enjoy the support of the pro-Corbyn Momentum group. There are claims pro-Corbyn members stopped the vote to keep control of Labour’s NEC. The eight-strong group of “core officers” within the National Executive Committee (NEC)…

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