David Cameron outguns Gordon Brown over MPs expenses
In a startling revelation David Cameron has today shaken the whole UK political scene with confirmation that members of the Shadow Cabinet have agreed to repay a variety of expenses which have received significant criticism over the last few days. Literally thousands of pounds will be repaid relating to furniture expenses, gardening costs and home improvements amongst other things in a move which took Gordon Brown by surprise.
After David Cameron revealed he has taken legal advice about potentially expelling those MPs who refuse to pay back their objectionable expenses the Labour Party was forced to follow suit in a hastily arranged press conference. While no MP has come out of the expenses debacle with any particular credit the handling of the situation by David Cameron has caught the public eye. After years of abuse of the system it appears that David Cameron is actually willing to take on members of his party who have been seen to "take advantage of the system".
With revelation after revelation hitting the press there have also been a number of calls to dissolve parliament and call a general election although this is highly unlikely given the current state of opinion polls.
Share this..
Related stories
Greek prime minister goes on the offensive
George Papandreou has today gone on the offensive and criticised the European Union's response to his country's ever growing budget deficit and economic collapse. In a rather bizarre move the Greek authorities have now turned on the European Union, the only party to come forward so far to offer assistance. So what next for the Greek authorities? Today we saw further developments within the Gree...
Read MoreCould bankers take away the pressure from David Cameron?
There is much intrigue and speculation regarding the fact that Vince Cable has been given a very long leash by the UK coalition government having issued a number of provocative and in some cases demeaning statements over the last few days. He has attacked the UK banking arena suggesting that "spivs" are still very prominent and he has also upset the apple cart with open criticism of the coalition...
Read MoreIs It Too Late To Fix Your Energy Costs?
While we have seen the likes of Eon and Scottish and Southern announce substantial increases in the cost of gas and electricity there was some relief in the market this week as Scottish Power announced a reduction in its fixed dual package which now comes in at just £1,099 a year against the likes of Eon and Scottish and Southern where dual rates are now in excess of £1,200. So what are the dra...
Read MoreLooking for your nest egg- The Easter Egg alternative
31/03/2015 On average, how many Easter eggs do your children receive this time of year? Three, four? More? If your child is expecting a great haul of chocolate eggs this year, why don’t you have a look into alternative Easter presents? Have you even thought about giving your children a savings “nest egg” for Easter? The money that you may have spent on chocolate eggs or other gifts cou...
Read MoreBarclays bank ridicules UK government remuneration guidelines
Barclays Bank, or to be more precise 45 bankers from Barclays Bank, are set to ridicule the UK government's banking remuneration guidelines of the future. The 45 in question have set up a company in the Cayman Islands over which the UK government has no jurisdiction, in order to manage Barclays Bank's toxic debt. So what exactly is going on?
In a smart piece of financial wizardry, B...