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CBI cautions on timing

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Published Date: 02 July 2009
THE eventual withdrawal of government support for the economy must be handled carefully to ensure sustainable growth, the head of the CBI warned yesterday.
Director-general Richard Lambert said the UK economy was "undergoing a massive course of steroids", with £40 billion invested in RBS and Lloyds banks alone. But the decision on when to return the state-owned banks to the private sector was a crucial one, as was the timing of changes to tax and spending to restore the UK's finances.

"Whoever wins the next election will face some painful choices," he said.





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  • Last Updated: 01 July 2009 9:20 PM
  • Source: The Scotsman
  • Location: Edinburgh
 
1

Jimbo2,

02/07/2009 00:25:33
For some reason or this is not reported by Scottish media...

LABOUR VOTE AGAINST PARLIAMENT TRANSPARENCY STANDARDS



Labour MPs this yesterday voted down the introduction of Scottish Parliament standards of transparency for the House of Commons. An SNP amendment – supported by all opposition parties – would have made it an offence for an MP to intentionally fail to declare financial interests.

SNP Westminster leader Angus Robertson MP argued that the Parliamentary Standards Authority Bill must match Scottish Parliament standards of transparency, including the introduction of criminal penalties against MPs who break the rules.

Mr Robertson said:

“Westminster is reeling from the expenses scandal, and it is disappointing to say the least that Labour MPs have voted down the chance to match Scottish Parliament standards of transparency and accountability.

“This Bill is about trying to build trust in the Westminster system, but at the first chance Labour MPs have voted against total transparency on the key issue of financial interests.

“It is essential that we move to a trustworthy system - and the Scottish Parliament sets the benchmark on how that can be done. It is essential that Westminster matches Scottish Parliament standards of transparency, including the introduction of criminal penalties against MPs who break the rules on expenses or fail to properly declare financial interests.

“The Scottish Parliament has shown the way with legal sanctions that can be applied against wayward parliamentarians, and Westminster must introduce the same sanctions against MPs that break the rules

“We now need to get on with the independent audit of the last four years of claims so that MPs’ accounts can be cleared or otherwise, and we get on with the urgent process of restoring public confidence.”
2

For Scotlands Future,

Vote for the SNP 02/07/2009 09:12:46
"...he economy must be handled carefully to ensure sustainable growth..."

SUSTAINABLE?? Well, we will have to get some growth FIRST before we can sustain it, don't you think??

#1
What in fact they voted against was Maggie Brown's amendment which wanted to get rid on MP's parliamentary privilege of being able to say what they want in parliament without fear of prosecution.

As long as it is not misused, I believe this is an essential part of open democracy. Without it, how many scandals would not have surfaced??

It's typical of Maggie Brown's Police State that he wants to get rid of this centuries old privilege, and he wants to do it on the stealth.

Well done MP's of kicking Maggie brown's Police State into touch with this.

 

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