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By politics.co.uk staff The bank whose collapse became an early indicator of the financial crisis has returned a profit for the first time since the downturn. Northern Rock (Asset Management) made £349.7 million profit in the first half of 2010, compared to its £724.2 million loss during the same period last year. The subsection of… Read more »
By politics.co.uk staff David Cameron and Nick Clegg have called on Cabinet colleagues not to forget the government’s biggest priority this summer: reducing the deficit. The prime minister and his deputy used a jointly-written letter to Cabinet members to call on ministers not to lose sight of the need to cut public spending. They reminded… Read more »
