Graduate tax would prompt top graduates to leave Britain, CBI warns

Students hold on to their hats after graduating from Birmingham University. The CBI suggests top graduates could leave the UK if they are charged for their degrees according to how much they earn. Photograph: Christopher Furlong/Getty Images Tens of thousands of the UK’s best graduates would emigrate if ministers went ahead with plans to charge [...]

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Ed Balls attacks Tony Blair over deficit claims in memoirs

Ed Balls: disagrees with Tony Blair on the deficit. Photograph: Oli Scarff/Getty Images Ed Balls today rounded on Tony Blair for his claim that Labour had been wrong to allow the structural deficit to build up during the last decade. The Labour leadership contender said Blair was mistaken in his apparent support of the coalition’s [...]

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General Motors back from the brink and set for $20bn flotation

A 4×4 vehicle in the making at a GM plant in Michigan. The car maker posted profits of .8bn in the first half of the year. Photograph: Bill Pugliano/Getty Images America’s biggest carmaker, General Motors, has taken the first step towards a stock market flotation barely a year after struggling through bankruptcy, in a move [...]

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Gordon Brown signs up for $100,000 speaking engagements

Gordon Brown has found his voice. Photograph: Graeme Robertson Gordon Brown has signed up with a London agency to attend speaking events at 0,000 (£64,000) a time, it was reported. Brown has not spoken in the House of Commons since he stood down as Labour leader, despite remaining MP for Kirkcaldy and Cowdenbeath, and has [...]

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