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By Emmeline Saunders The Conservatives have denied a deal with Rupert Murdoch as a “completely wrong and totally improper” allegation. Shadow culture secretary Jeremy Hunt told Sky News yesterday that accusations levelled at the party by business secretary Peter Mandelson were “absolute nonsense”. Lord Mandelson’s comments came after the Sun newspaper, owned by Mr Murdoch’s… Read more »
By Alex Stevenson Treasury plans to prevent bankers receiving “ludicrous bonuses” are receiving a mixed welcome ahead of the Queen’s Speech. The government is expected to introduce legislation giving the Financial Services Authority (FSA) power to tear up contractual agreements which allow bankers significant bonuses. Chancellor Alistair Darling has said the City watchdog will be… Read more »