Entries by Mehdi Hasan from 07/2012

Come on Ed, You Don't Need Tony to Win

| Posted 07.11.2012 | UK Politics

Why is the Labour leader joining Tony Blair for a high-profile charity event at the Emirates Stadium this evening? Why has he allowed Blairites to brief that their hero is a close adviser and mentor to Miliband?

OBR Says More Migrants Will Lead To Fewer Spending Cuts

Posted 07.12.2012 | UK Politics
Read More: UK Politics News

Just when we thought the economic news couldn’t get worse, up pops the Office for Budget Responsibility to remind us that it will. Once a year, the ...

Mervyn King 'Not Interested' In 2008 Libor Rate Warnings, Say Ex-BoE Colleagues

Posted 07.16.2012 | UK Politics

The Bank of England governor Sir Mervyn King "wasn’t interested" in worries about the Libor rate when it was discussed in 2008 and has “key questi...

How Long Can the Ex-Boss of HSBC Survive as a Minister?

| Posted 07.18.2012 | UK Politics

Place your bets, please. How long can Stephen Green survive as a minister? "Stephen who?" I hear you cry. Stephen Green, or Baron Green of Hurstpierpoint, is a former chief executive and executive chairman of HSBC, and... wait for it... minister of state in the Department for Business, Innovation and Skills.

Bad News for the Chancellor: The IMF Seems to Want a Plan B As Well

| Posted 07.19.2012 | UK Politics

Oh dear. David Cameron has told the Daily Telegraph today that austerity could continue till 2020. There is no alternative, says the PM. However, with impeccable timing, the International Monetary Fund (IMF) has published a new report on the UK economy this afternoon suggesting the "pace of structural tightening will need to slow" if the coalition's current plans for "additional monetary stimulus and strong credit easing measures" don't work.

Yes, He's Been a Disaster - Yet I Feel Sorry for George Osborne

| Posted 07.20.2012 | UK Politics

Dare I say a word in defence of Gideon George Osborne, the Bullingdon Club boy-turned-Chancellor of the Exchequer? I can't help but feel sorry for him. The Chancellor has been having a hard time of late.