Posted by Jake on Thursday, December 25, 2014 with No comments | Labels: Roundup
Christmas victory for New Era residents' campaign: rent-hiker Westbrook finally sells London estate to fair-rent charity
The 93 families’ battle against eviction by an $11bn US investor has finally been successful. Months of protesting, marching and petitioning has forced the millionaire executives of Westbrook Partners to sell the estate, abandoning plans to evict families and triple rents. Some tenants of the estate, just north of the City of London, had faced rents tripling from £800 a month for a two-bedroom flat to about £2,400 if Westbrook’s plans had gone through. The new owner was announced as the Dolphin Square Foundation, a charity dedicated to providing affordable homes for low and middle income Londoners. It instantly pledged to keep rents at their current low rates not just this Christmas but next Christmas too. The deal means Westbrook has sold an estate it bought nine months earlier for an estimated £20m to a relatively small housing group that says it is committed to delivering low-cost rented homes to Londoners on low to middle incomes. Jon Gooding, the chief executive at Dolphin, said: “We are serving people who are not on benefits but are earning £25,000 to £60,000, but we are setting rents that are realistic in relation to their net income. We will work to understand in detail the financial circumstances of our tenant group and we will then formulate a rent policy that is demonstrably fair.” Lindsey Garrett, an NHS worker and one of three women who spearheaded the campaign, said: “We beat a multibillion-dollar investment company. Who would have thought three single mothers from Hoxton could have done that?” Outside the Stag pub where choruses of “We are the champions” rang out, Coleen O’Shea put it more bluntly to another of the campaign’s leaders, Lynsay Spiteri. “Well done girl, you did it,” O’Shea said. “You shot them up the arse.” GUARDIAN
Cost of ministers'
special advisers hits £8.4m
There are now 103 "spads" employed to give advice
over and above the work carried out by civil servants, up from 98 last year. They
include a total of 26 working for David Cameron in Downing Street and 20
working for Nick Clegg. The government said it reflected the "nature of
coalition" and that their average pay was higher under Labour. Labour said
the figures showed that the overall numbers of special advisers had risen
inexorably under the coalition. This year’s total salary bill is over a million
higher than the £7.2m spent in 2012-13. The Coalition Agreement said the government
would "put a limit on the number on special advisers" but the pay
bill and numbers have increased over the past few years. BBC NEWS
Forex manipulation: First
banker arrested in $5.3 trillion fraud investigation
A London banker is believed to be the first person arrested
in relation to the criminal investigation into rigging the $5.3 trillion a day
foreign exchange market. The Serious Fraud Office confirmed that a man was
arrested in Billericay, Essex, on Friday. No other details about the arrest
were given. The SFO opened an investigation into foreign exchange manipulation
in July, and last month six banks were fined £2.7bn related to
currency rigging. Dozens of bankers have been suspended or fired in relation to
forex manipulation, but this is believed to be the first arrest. Chat logs
published by the Financial Conduct Authority last month showed how traders at
Royal Bank of Scotland, HSBC, Citibank, UBS and JP Morgan, using nicknames such
as “the A-team”, collaborated to rip off clients. After the fines, George
Osborne wrote to the SFO saying it would be given a blank cheque to investigate
wrongdoing. In the other major rigging scandal, Libor manipulation, one
criminal conviction and 13 charges have been made. TELEGRAPH
Pre-payment meters: The
poorest cannot spread their winter energy bills like most customers
Most households can spread their payments throughout the
year. But pre-pay customers must spend twice as much on winter gas bills as in
the summer, often plunging them into debt. Citizens Advice said all suppliers
should allow pre-pay customers to pay off winter debts in the summer period -
when their bills are lower. One supplier - Scottish Power- said it had already
introduced a scheme last year. "A debt holiday would be a Christmas bonus
for pre-pay customers," said Gillian Guy, the chief executive of Citizens
Advice. It might also prevent pre-payment customers being forced to turn off
their central heating. Delaying payments for debts will take the pressure off
those people struggling to afford heat and light, or cutting back on food and
other essentials. An analysis of figures from the regulator, Ofgem, shows that
80% of households having payment meters installed are already in debt. BBC NEWS
Expelled ‘Love Activists’ RBS squatters succeed in offering Christmas lunch to London homeless
A group of squatters, known as the “Love Activists”, have provided an uncooked Christmas lunch to homeless Londoners on the pavement outside a former RBS bank they had been occupying, after they were evicted from the premises on Christmas Eve morning. They have vowed to continue their protests. The group of 20 activists occupied the imposing grade ll listed building on the corner of Charing Cross Road and the Strand that previously housed an RBS bank, in the early hours of Saturday morning, saying they found an open fire escape door. All say they are homeless and occupied the building to raise awareness about the epidemic of homelessness in London especially amongst young people. There were 6,437 people sleeping rough in London last year, an increase of 8% on the figure two years previously. Many of those, like the Love Activist team, are young people. The prime site building is owned by Greencap Ltd, a company registered in Jersey and which, according to the accounts it filed earlier this year, is valued at just £9. Until June 2013 it was leased to RBS. Greencap had obtained an emergency, no-notice injunction to remove them from the premises. GUARDIAN
Science A level
practicals face axe despite barrage of criticism
The plans face almost unanimous opposition from
organisations such as the Royal Society and the government’s own Council for
Science and Technology, said Andrew Miller MP, the chair of the Commons
science and technology committee. Ofqual, the exams watchdog, has decided to
remove lab experiments from A-level assessments in favour of a practical exam
that will count towards a separate qualification. It will be possible for
students to receive the highest A* grade in a science exam even if they fail
the practical certificate. The first of the revised exams are to be taken in
2017. About a quarter of A-level courses in physics, biology and chemistry are
made up of practical work. The plans from Ofqual, which will be extended to
GCSEs too, aim to deal with alleged malpractice, where cheating and generous
marking from teachers see students scoring much higher in their practicals than
in their written exams. Nick Gibb, the minister for school reform, said he
would not try to stop Ofqual. “The responsibility for how performance in
qualifications is assessed lies with Ofqual. It is important that the
Department for Education does not undermine that independence,” he wrote. But
Miller argues that Ofqual’s reforms will fail to solve the problem. “I have no
doubt that these changes will clean up the grade distributions in science A
levels, but the concerns of malpractice among teachers have been side-stepped
rather than addressed,” he said. “I am most concerned that students will now be
forced to do science practicals that both they and their teachers know will
have no value as far as qualifications go. There is no point going on about
doing more practicals if the recognised value of those practicals is vastly
reduced,” he said. He continued: “I have deep concerns about ministers who fail
to listen to the wider community and appear to hide behind the decisions of
independent bodies claiming that they have no influence. Ministers are
there to provide democratic accountability not just to rubber stamp the
decisions of regulatory bodies.” GUARDIAN
LuxLeaks global tax dodge:
World unites to decry prosecution of whistleblower behind Luxembourg scandal
More than 70 politicians, academics, union heads and charity
leaders around the world have come out in opposition to the decision by
Luxembourg to prosecute the 28-year-old accountant accused of sparking the
LuxLeaks tax scandal. Antoine Deltour, who spent two years as a junior auditor
at PricewaterhouseCoopers before quitting in 2010, was this month charged with
a string of criminal offences: theft, violating Luxembourg’s professional
secrecy laws, violation of trade secrets, and illegally accessing a database.
The charges stem from an official complaint brought by PwC. He could face jail
and a heavy fine. For months, Luxembourg has refused to hand over further tax
ruling information sought by the commission, disputing the legality of such
requests. Last week, however, ministers performed a U-turn in the wake of the
scandal, agreeing to provide documents sought by state aid investigators so
long as similar requests were made of other EU member states. Explaining the
volte-face, Luxembourg’s finance minister Pierre Gramegna described the
LuxLeaks affair as a “game changer” that had transformed the way European
regulators were scrutinising tax rulings granted to multinationals. Politicians
from Germany, France, the UK, the US and Australia were among the signatories
to the letter opposing the prosecution of Deltour, which was organised by a
handful of media groups including the Guardian. The majority of political
signatories were from parties of the left, but there was also support from
among Liberal Democrats in the UK and from the centre-right UMP in France, led
by Nicolas Sarkozy. In an open letter they argued that the leak had
been “manifestly in the public interest, helping to expose the industrial scale
on which Luxembourg has sanctioned aggressive tax avoidance schemes, draining
huge sums from public coffers beyond its borders”. GUARDIAN
Rail commuters
petition government: Irate passengers take action as half Govia’s trains run
late
Govia — a joint venture between listed Go-Ahead Group and
French state-owned Keolis — has been running the Bedford-to-Brighton line since
taking over from FirstGroup in September. But latest figures show that on some
weeks, barely half (53.5%) of trains arrived at their destination on time
between November 9 and December 6. The Office of Rail Regulation’s target for
on-time arrivals is 89.8%. Govia is set to pocket £1.2 billion in annual
revenues when it merges the Thameslink line with the Southern franchise next
summer to become “Thameslink, Southern and Great Northern”. But commuters on
the route — which is one of Britain’s biggest and one of the first to be handed
over by the Government since the franchising collapse over the West Coast line
fiasco — are petitioning the Department for Transport to “force Thameslink to
improve their service”. The petition to ministers reads: “Govia Thameslink won
the bid to run our trains by vowing to cut costs; it appears they have done
this by reducing staff and foregoing essential maintenance work. Every day
trains are delayed because of ‘staff shortages’, ‘broken down trains’ and
‘signal failure’. This company should not be allowed to continue providing such
terrible service.” EVENING STANDARD
The cost of
understaffing: Prison officers 'sent more than 200 miles to plug staffing gaps'
Nearly 250 prison officers are being bussed across the
country to fill gaps at other jails because staff shortages are so acute this
Christmas, according to leaked documents. The distances included travelling
from Exeter to Swaleside, Kent - 227 miles; from Garth, in Lancashire, to
London's Wormwood Scrubs - 218 miles; and from Frankland, County Durham to Woodhill
- 228 miles. All of the staff being sent to Woodhill are being taken away from
other category A jails. The attachments often involve prison officers being put
up at hotels for a fortnight at a time. Frances Crook, chief executive of the
Howard League for Penal Reform, said: "The prisons are in complete
meltdown as a result of government policy, so they have to move people round in
order to deal with that emergency. "It's very costly and very disruptive.
People are fetching up to a prison who don't know where anything is." One
former prisoner, who asked for anonymity, said staff shortages had had a big
impact on life behind bars. "There were a lot of vulnerable prisoners,
particularly some young prisoners, who were subject to quite severe physical assaults,
even sexual assaults... I think there was a general feeling, because of the
shortage of officers in particular, that bullying was on the rise, extortion,
what's called taxing in prison, where prisoners basically have to pay
protection money to those cons who are controlling wings.” The Ministry of
Justice insisted "most prisons are appropriately staffed". It said a
recent rise in the prison population was being managed "through sensible
and proportionate measures". It is attempting to recruit 1,700 new
officers to ease the difficulties. BBC NEWS
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