Showing posts with label Lord Mandelson. Show all posts
Showing posts with label Lord Mandelson. Show all posts

Monday, 14 September 2009

Mandy Tells Unions: We'll Fight You on Spending Cuts after TUC Chief Predicts 4m Jobless and Riots in the Streets

MAIL ONLINE: Lord Mandelson will today face down union threats of strikes and rioting if there are public spending cuts.

In the most hawkish statement yet from a senior minister on the need for restraint he will say Gordon Brown has decided to stop 'throwing money' at state services.

The Business Secretary, in a major speech, will also insist that the Tories are 'ideologues', hellbent on wrecking the public services.

His intervention comes as union barons raised the spectre of 1980s-style riots if public spending is slashed.

TUC general secretary Brendan Barber said taking an axe to public services would spark a 'double quick, double dip' recession and push unemployment over four million.

Unemployment could hit 40 per cent in major cities in the North, triggering massive social unrest, he said.

Speaking on the eve of the TUC conference in Liverpool, Mr Barber said: 'Cut the stimulus off and the economy would go into decline again.

'It would take many years before there was any chance of returning to anything like full employment. That would scar for life a whole generation of young people.'

He warned: 'Last time we suffered slash and burn economics we had riots in the streets here.

'I make no prediction that this would happen again, but it would take us back to the days of a deep north-south divide and once again hollow out whole areas of the economy.' >>> Tim Shipman and Kirsty Walker | Monday, September 14, 2009

Friday, 11 September 2009

Mandelson Calls for Rover Apology

BBC: Lord Mandelson has called for the businessmen who ran MG Rover prior to its 2005 collapse to apologise for taking so much money out of the firm.

The business secretary said the so-called Phoenix Four, who bought Rover for £10 in 2000, had "feathered their own nests" during their time in charge.

A report found the men pocketed an "unreasonable" £42m in pay and perks.

The Phoenix Four blame Labour for Rover's collapse but Lord Mandelson said ministers had been "faultless".

'No humility'

And he rejected criticism that ministers had not done enough to try and save the firm, whose collapse cost more than 6,000 jobs.

However, opposition parties criticised the government for allowing the group to take control of MG Rover in the first place.

Earlier this year, the Serious Fraud Office chose not to pursue a criminal investigation into Rover's collapse and the conduct of the Phoenix Four. >>> | Friday, September 11, 2009

Watch BBC video: Lord Mandelson: "We've not seen an ounce of humility from them" >>>

Thursday, 11 June 2009

Britain Will 'Obviously' Join Euro Says Mandelson

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Euros: Google Images

THE TELEGRAPH: Britain "obviously" remains committed to joining the euro following the currency's "success" in helping its members to weather the economic crisis, Lord Mandelson said.

The newly promoted First Secretary of State, speaking in Berlin, hailed the euro as a saviour that had brought stability to the European Union during financial turmoil.

"It is perfectly clear that the euro has been a great success in anchoring its eurozone members during this financial crisis," he said.

"Imagine where all of us would have been if it hadn't. I hope people will recognise that this represents a major vindication for the single currency."

Asked if the British Government would consider joining the euro, Lord Mandelson replied: "Does it remain an important objective for Britain to find itself in the same currency as that single market in which it interacts? Obviously yes."

He added: "That has to be a decision taken on the right terms in the right circumstances and conditions and therefore at a future time than we have now." >>> By Bruno Waterfield in Brussels | Thursday, June 11, 2009

Thursday, 19 February 2009

Mandelson and Starbucks Clash on UK Economy: Attack stirs furious business secretary to defence of Britain

Listen to GUARDIAN audio: Andrew Clark on Peter Mandelson's tirade against Starbucks >>> Patrick Wintour, Political Editor | Thursday, February 19, 2009

THE INDEPENDENT: Mandelson strop: Who the F@#! Is Howard Schultz?

The Starbucks boss provoked an extraordinary response from Lord Mandelson when he dared to criticise the state of the British economy

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Howard Schultz, the Starbucks boss and one of America’s most senior entrepreneurs, upset Lord Mandelson by criticising the British economy. Lord Mandelson used a four-letter expletive. Photo courtesy of The Independent

Lord Mandelson’s famed silver-tongue deserted him on a business trip to New York when he responded with a four-letter tirade against one of America’s most senior entrepreneurs, the Starbucks boss Howard Schultz.

The American, chief executive of the world’s biggest coffee chain, spoke of his corporation’s recent struggles in a television interview. “The concern for us is western Europe and specifically the UK,” he said. “The UK is in a spiral.” Mr Schultz described consumer confidence in Britain was “very, very poor”. >>> By Martin Hickman and Nigel Morris | Thursday, February 19, 2009

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Tuesday, 4 November 2008

Melanie Phillips: Selling Us All to Saudi Arabia

THE SPECTATOR: The Islamisation of the west is proceeding according to plan, as the Times reports:
Gordon Brown claimed success yesterday in his attempt to persuade Saudi Arabia to help stricken economies by pumping more money into the International Monetary Fund... Lord Mandelson, who was also at the dinner at the Royal Palace, said Mr Brown wanted to ensure that the Saudi King was ‘on the same page’ over the causes of the financial problems and the solutions. ‘We are seeking “buy-in” from Saudi Arabia and other Gulf states to the necessary response that we all need to make to the turmoil of the international financial system. If we don’t get that money we will fail,’ Lord Mandelson said...

Lord Mandelson said that the Saudis and other Gulf states would now expect a bigger role in global institutions in return for their investment.
You bet they will. Gordon Brown and Peter Mandelson are delivering Britain and the west into dhimmitude.*

* Definition of ‘dhimmi’ from the Dhimmi Watch site:
Dhimmis, ‘protected people,’ are free to practice their religion in a Sharia regime, but are made subject to a number of humiliating regulations designed to enforce the Qur’an’s command that they ‘feel themselves subdued’ (Sura 9:29). This denial of equality of rights and dignity remains part of the Sharia, and, as such, is part of the law that global jihadists are laboring to impose everywhere, ultimately on the entire human race.

The dhimmi attitude of chastened subservience has entered into Western academic study of Islam, and from there into journalism, textbooks, and the popular discourse. One must not point out the depredations of jihad and dhimmitude; to do so would offend the multiculturalist ethos that prevails everywhere today.
[Source: The Spectator] Melanie Philips | November 3, 2008

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