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Greek Debt Swap Gains Support

Sat, 19 May 2012 16:04:42 +0000

Holders of more than half of Greek bonds have pledged to participate in the debt-exchange offer, in a restructuring that will see the value of their holdings more than halved.

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Octavia Spencer basks in Oscar glory

Sat, 19 May 2012 16:04:06 +0000

Octavia Spencer has crowned her Cinderella story year with a best supporting actress Oscar for playing a mouthy housemaid in US civil-rights era film The Help.

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Mayor Aims to Crash Tokyo’s Party

Sat, 19 May 2012 04:06:51 +0000

The outspoken mayor of Japan’s third-largest city has made a name for himself by battling labor unions and bureaucrats, setting himself apart from the country’s normally staid lawmakers. Now, Toru Hashimoto is talking about shaking up national politics.

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Speedway snapper comes a cropper

Sat, 19 May 2012 04:05:46 +0000

Minutes after taking a shot of medics attending to an injured sidecar rider, photographer Daniel Reyland found himself in the back of an ambulance after being struck by an out-of-control vehicle seconds after the race restart.”It’s…

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Simon Hughes: some Tories think they are born to rule

Fri, 18 May 2012 14:02:56 +0000

Lib Dem deputy leader says Tories must stick by coalition agreement and not act as if they had outright majority

The Liberal Democrat deputy leader, Simon Hughes, has accused Tories of acting as if they were “born to rule”.

In a further sign of tensions between the coalition partners, Hughes said Conservatives must stick by their agreements – including reform of the House of Lords.

Since last week’s drubbing for the coalition parties in the local government elections, Tory MPs have been lining up to demand changes in government policy, complaining the Lib Dems have too much influence.

However, Hughes said the Conservatives needed to remember that they failed to secure an overall majority at the general election and they needed Lib Dem support in order to form a government with a working majority.

“I know that Tories would have liked to have won the general election, but they didn’t. They didn’t get a majority and they haven’t had a majority for many elections,” he told BBC Radio 4′s The World at One.

“It may be uncomfortable for the Tories – some of whom think they are born to rule – but unfortunately the electorate didn’t agree with them.”

Hughes said it was important that both parties honoured the coalition agreement – including the commitment to a wholly or largely elected House of Lords, which many Tory MPs want dropped from Wednesday’s Queen’s speech.

“All three parties, including the Conservatives, stood on a manifesto of addressing the fact that the House of Lords is there entirely by patronage or by heredity,” he said.

“The Tory leadership is as signed up to that as the Labour leadership and our leadership, that we need to have a modern legislature.”

Hughes said also that the Conservatives only had themselves to blame for the unpopularity of the budget as they had demanded the cut in the 50p top rate of tax.

“It was probably more than anything the Conservative insistence on putting the reduction of the top tax rate into the budget which gave the budget a bad name,” he said.

“Instead of the really good message which we had argued should be the central core of the budget – which was to lift the tax threshold benefiting 25 million – that got lost and both parties paid a price for that.”

Simon Hughes Liberal Democrats Conservatives Liberal-Conservative coalition Local elections 2012 Local government Local politics Local elections House of Lords Constitutional reform guardian.co.uk © 2012 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds

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BRIEF: Dick’s Sporting Goods profits jumped 27percent

Thu, 17 May 2012 02:02:32 +0000

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Preston loan Russell to Charlton

Wed, 16 May 2012 22:01:43 +0000

Charlton sign Preston midfielder Darel Russell on loan until 3 January.

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Free inside your Mail… The Frozen Planet posters

Wed, 16 May 2012 22:00:59 +0000

Sir David Attenborough’s landmark Frozen Planet series stunned and amazed us all with astonishing footage of the frozen wildernesses of the Arctic and Antarctic.

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Woman accused of breaching police cordon

Wed, 16 May 2012 04:02:43 +0000

A drunk driver is accused of driving through a police cordon set up around a hit and run crash in Hamilton on Friday night.District Road Policing Manager, Inspector Leo Tooman, said police had placed a marked cordon at the intersection…

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Visuel interactif – Elisez le fiasco de l’actualité culturelle de l’année

Wed, 16 May 2012 04:02:07 +0000

A qui décerneriez-vous le “Gadin culturel” de l’année 2011 ?

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