Tag Archives: financial regulation

15 July 2025 – yesterday’s Federal press releases

  • Adass survey should make Government “heed warning” they cannot fix the NHS without fixing social care
  • Thames Water results: time for Governmentt to end “nightmare” and put Thames Water into Special Administration
  • Ed Davey sets out plan to halve energy bills in a decade and takes on Farage’s fossil fuel myths
  • Afghan data breach: Government must confirm how many other MoD super injunctions exist
  • Lib Dems on Reeves speech: “spaghetti junction of red tape” between country and continent

Adass survey should make Government “heed warning” they cannot fix the NHS without fixing social care

Responding to The Association of Directors of Adult Social Services survey which found that recent overspend by councils in England on their adult social care budgets was the highest in a decade, Liberal Democrat Care and Carers spokesperson Alison Bennett MP said:

The Government needs to heed this warning that without fixing social care the NHS 10 Year Plan will fail to deliver the change that people are crying out for.

We will continue to see people stuck in hospital beds when they could be cared for at home, patients treated in A&E corridors and council budgets stretched to breaking point.

If the Government is to break with the years of neglect that the Conservatives oversaw, they need to get on with reforming social care, and that starts by completing their review by the end of the year. We cannot afford to wait any longer.

Thames Water results: time for Government to end “nightmare” and put Thames Water into Special Administration

Responding to Thames Water reporting a £1.6bn loss over the last year and sewage spills increasing by a third, Lib Dem MP for Witney Charlie Maynard said:

These are terrible results. The nightmare needs to stop.

After months of pressure, Steve Reed has now finally admitted that it is highly likely to cost the Government nothing in the medium term if Thames Water is put into Special Administration. He now needs to get on and do this.

Every day he holds off means that customers continue to get stuffed by ridiculously high interest charges and advisory fees. We can’t afford it, and nor can our rivers.

Ed Davey sets out plan to halve energy bills in a decade and takes on Farage’s fossil fuel myths

  • Liberal Democrat Leader gives major economic speech at IPPR setting out new plan to slash energy bills
  • Ed Davey says “we have got to break the link between gas prices and electricity costs” so people get the benefits of cheap, clean power
  • Speech takes on Farage and Badenoch’s myths on renewables and warns tying Britain to fossil fuels will only benefit dictators like Putin

In a major speech on the economy tomorrow, Liberal Democrat Leader Ed Davey will set out his party’s plan to halve energy bills for a typical household by 2035.

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What European liberals have achieved over the past five years – the economy

Given how little coverage there has been in the British media of the work of the European Parliament, it comes as no surprise that few voters know what it does. Luckily, the ALDE Group in the Parliament have produced a guide to their achievements since the last European election in 2014, and I’m going to take the opportunity to highlight some of them today.

More stable financial markets

Scandals around the manipulation of the LIBOR and foreign exchange benchmarks, as well as the alleged manipulation of other indices, has highlighted the importance of benchmarks and their vulnerabilities. ALDE led negotiations …

Posted in Europe / International and News | Also tagged , , , and | 28 Comments

Sharon Bowles MEP writes: New EU rules make a more secure, sustainable and transparent banking system

Yesterday the European Parliament passed a historic package of financial legislation following almost two years of negotiations. The most widely publicised aspect of these new rules is the cap on bankers’ bonuses, introduced in an amendment by the European Parliament and supported by Lib Dem MEPs. As well as the moral justifications, there are many good rational reasons for the cap. Significantly, it will realign the bonus to salary ratio to more reasonable proportions, thus reducing the kinds of excessively risky behaviour which contributed towards the financial crisis. It is important for banks to show restraint and take a more …

Posted in Europe / International and News | Also tagged and | 15 Comments
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