Britain will "one day" ditch the pound and adopt the Euro as its currency, Tory peer Lord Heseltine has predicted. Asked
Former Conservative prime minister Sir John Major's idea of a windfall tax on energy firms, to "claw back" some of the profits
Lord Heseltine has accused Ukip of being a "racist" party, comparing their campaigning to Enoch Powell. The Tory grandee
LEPs are a great innovation and are already helping local communities build on their strengths to deliver growth, but they must have the right resources and structures in place to enable them to reach their full potential.
Although braced for bad news in terms of cuts to their budgets, many cities also held high expectations that the Spending Review would bring some good news on additional freedoms for local areas to prioritise spending, and new capital investment to boost local growth.
Margaret Thatcher was a political leader who divided opinion in a way that has never been seen before and, possibly, may never occur again; a 'Marmite' politician.
Britain lacks a "national will" to improve its economy because people are too rich, former deputy prime minister Lord Heseltine
George Osborne's budget yesterday rightly focussed on some of the issues vital to improving the economic performance of our cities, including increased access to housing, new infrastructure investment, and empowering our urban areas to take greater direct control of their economies themselves. But many of the policies announced will be implemented from 2015, meaning that this is a budget which more about growth tomorrow than growth today
Lord Heseltine was left embarrassed after a phone call from his wife interrupted him midflow during an appearance on the
Heseltine's report seeks to encourage a competitive economy by working with local areas in order to maximise the government's ability to generate further economic prosperity. Heseltine stated that the government recognised this need, and stressed that using public money for national infrastructure investment was a sensible way of managing the economy.