Lead story


by Daphne Liddle

BRITAIN’S big banks announced their half-yearly figures this week - a year after the global banking crisis - and presented a mixed bag of results and evidence that no lessons have been learned and that global casino capitalism will continue regardless of future inevitable crashes.

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Labour and the coming election

THEY’RE at it again; the Labour leadership are tearing each other to shreds when they should be tearing the Tories to shreds. Rumours are flying of more leadership challenges with John Prescott accusing Harriet Harman of using her position as Deputy Leader to put herself forward. Meanwhile Lord Peter Mandelson indicating that he would be prepared to give up his nearly-new slightly-soiled peerage in exchange for a chance at a safe seat so that he could take over the leadership “if Brown decided to resign”.

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