economy
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »
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By politics.co.uk staff The government’s arguments justifying its controversial decision to cancel an £80 million to Sheffield Forgemasters have been questioned by MPs. The business innovation and skills (Bis) committee released its report on the cancellation today. It implies the coalition’s accusation that former business secretary Peter Mandelson made a commitment to honour the loan… Read more »
By Peter Wozniak The City watchdog has defended its decision to bring an individual investigation against Royal Bank of Scotland (RBS) board members amidst heavy criticism. Adair Turner, chairman of the Financial Services Authority (FSA) revealed last week that the bank, which had to be bailed out by the taxpayer to the tune of over… Read more »