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Chancellor Alistair Darling
Govt will appoint board members

The government will appoint board members on the banks it buys a stake in, chancellor Alistair Darling has confirmed. The statement, made in the House of Commons this afternoon, contradicts government assurances from last week. He said: “The government will take significant shareholdings in these banks – in one case a majority stake. And, in… Read more »

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Mod data loss worse than feared
MoD data loss worse than feared

The personal details of over 1.7 million individuals who enquired about joining the armed forces were included in the removable hard drive lost by the Ministry of Defence (MoD), it has been revealed. The revelation came in a written statement to the Commons by armed forces minister Bob Ainsworth. It drastically increases the number of… Read more »