Gordon Brown looks to sell assets

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Courtesy of Telegraph

By Matthew Robertson

Gordon Brown, has proposed several solutions to reducing the rising budget deficit by raising £16bn from the sale of assets.

Brown’s intention  is the auction and sale of a “portfolio of non-financial assets”  held by Whitehall and local authorities over two years.

During his speech on the economy, the prime minister outlined sales which may raise £3bn, including the Tote, Dartford crossing and the student loan book. And his opposition MP’s have been quick to criticise his plans as they suggest that he will have to do much more if he hopes to be successful in his attempt to cut public spending and turn things around during this economic slump.

According to Downing Street, the sale marks the beginning of a radical assessment of what other non-core government business activities can best be done by, or in partnership with, the private sector.

Aides added that although these actions are important, a crucial force for the reduction in debt will be the restoration of strong, sustainable growth within the economy.

In April, Chancellor Alistair Darling forecast that public borrowing would reach a record £175bn over the next two years.

The funds raised will help finance new capital investment and pay down debt, Mr Brown said.

The initial offering will also include the Channel Tunnel rail link.

The government’s 33% stake in Urenco, a European consortium which supplies equipment to enrich uranium for the nuclear industry, will be offered but the PM will insist there will be no threat to national security.

The government will also look to sell surplus real estate which is part of the £220bn owned by its departments and agencies, as another way to generate income in their attempt to re-coop capital.

From the Conservative’s viewpoint the sale is “probably necessary” but “no substitute for a long-term plan”.

Leader David Cameron said: “Obviously we do need to do this, but we must make sure – as every family knows – if you sell something it can help you in the short-term, but it doesn’t actually help you live within your means in the long-term.

“So, we’ve still got to get to grips with public spending, get to grips with the deficit – and we must make sure we get good value for money”.

Liberal Democrat Treasury spokesman Vince Cable felt that there was a fundamental flaw within the policy and that the government would struggle to raise the required  funds as they would be dealing in depressed markets which wouldn’t be entirely prosperous.

He said: “What worries me about the government proposal is that they’re proposing to sell off in very depressed markets, under very depressed markets for land and for shares.”

With the economy struggling, it appears that the government, lead by a defiant Gordon Brown, will leave no stone unturned in their attempts to raise the necessary, and crucial funds to get this country back to the way it was.

APPEAL FOR CLAUDIA BROUGHT TO SCOTLAND.

BY NIKKI HUNTER

Peter Lawrence, the father of Claudia Lawrence is set to make his first public appeal for information about his daughter outside of England. Mr Lawrence will be handing out leaflets and posters in both Edinburgh Waverley and Glasgow Central station on Friday 16th October.

Martin Dales, a friend of Peter Lawrence said: ” The idea is very much that the Police have been everywhere and worked very hard. The whole thing is a complete and utter mystery. Peter feels the need to appeal to the Scottish public to be vigilant as we all travel a lot, so in remote places just to check out buildings and keep their eyes peeled.”

courtesy of www.findclaudia.co.uk

courtesy of www.findclaudia.co.uk

Seven months ago on March 18th, Claudia 35, was last seen leaving the University of York’s Goodricke College wearing a white T-shirt, blue jeans and trainers. She worked at the University as a chef and she was seen leaving at the end of her shift at about 3pm.

“The appeal is also to remind people what Claudia looks like. Peter finds it very difficult to speak about but you never know who you could speak to that could know something. We have been friends for 25 years and this is why I set this up. Anyone could know anything about her disappearance”

Last month the investigation reached Cyprus as it was thought that the young chef could be there. This was after an analysis of her mobile phone showed that the last text message received was sent from a phone in Cyprus.

Although Claudia left her cards, cash and passport behind, her mobile phone and blue ‘karrimor’ bag which held her chefs whites have still to be found.

Her disappearance is being treated as suspected murder. Peter Lawrence believe that Claudia could be anywhere in the UK or abroad.

All information about Claudia’s disappearance can be found on www.findclaudia.co.uk

Students hit hard as funding dries up

courtesy of http://www.shropshire.gov.uk

courtesy of http://www.shropshire.gov.uk

By Jamie Patterson

Many local students face dropping out of higher education as their bursary money dries up.

As a result of the recession and a corresponding loss in jobs and rise in number of people wanting to enter higher education, bursary pots are facing tough pressure.

The Scottish Funding Council (SFC), which is responsible for allocating the nation’s burasaries, is asking colleges to provide figures outlining the ir costs in order to re-allocate funding.

Colleges are drawing up waiting lists for the students who have missed out on bursary funding, while struggling students try to a way round the problem, with others having no option but to dro out.

Jewel and Esk College‘s annual bursary pot this year conisted of £1.4 million, but has issued £2m worth in hoping it can retrieve the deficit from the SFC.

The college has seen an increase of 450 students this year – 10 per cent up on last year – and currently has 30 students on the bursary waiting list.

Stevenson College, meanwhile, has seen a bursary waiting list of 300 students, with demands ranging from £450 to £4,150.

Liam Burns, President of NUS Scotland said: 

“The £30 million made available by the Government was never going to be enough to address the issues facing hard-up students in Scotland. Some hard decisions have had to be made about the best use of these funds. We have proved that hardship and commercial debt are the most pressing concerns for students, and the Government have both recognised and responded to this with today’s options.

“We are extremely pleased with the move to support student parents, particularly in light of the problems with childcare funding experienced last year. We look forward to working with the Government over the next year to ensure this becomes an entitlement, and not the lottery students with children currently face.

“The new bursary for independent students is also a welcome move. Our research has shown that mature students are more likely to be debt averse than their younger counterparts, and this helps to encourage non-traditional students into higher education. We do, however, remain concerned about using the available funds to benefit those students who need it most, and will continue to work with the Government on the specifics of the support they are offering.”

AMN plan to “shut down” November NATO Assembly

By Kane Mumford

THE EDINBURGH based Anti-Militarist Network have stated that they plan to form a ‘NATO Welcoming Committee’ at Edinburgh’s EICC where top military ministers from eight countries will meet to discuss Afghanistan and Iran.

The group, which has links to other anti-militarist and nuclear disarmament organisations has said that it respects human life and that the protest would be peaceful. These comments come amid criticism of the content of the Welcoming Committee website, which contains links to sites which give instructions on roadblocks and to detailed floor plans of the EICC.

North Korea tests further missiles

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Part of North Korea's growing arsenal (Courtesy of www.timesonline.co.uk)

By Martin Adam

North Korea has once again defied US wishes to disband desires to become a fully nuclear state, test launching five short-range ballistic missiles off the peninsula’s east coast.

Reports from South Korea’s Yonhap agency come at an unusual time as Pyongyang recently expressed its intention to return to multiple party international talks regarding their nuclear weapons programme.

Local media reports in the last week have alluded to American plans to sail aircraft carrier, The USS George Washington to the South Korean port of Busan.  It is unclear whether the permitted short-range tests are part of regular military practice or a direct response to US manoeuvres.

Russia, a firm supporter of the six way talks has come forward as the first nation to vocalize their opinion on the matter.  A figure part of Russia’s foreign ministry has stated through the Itar-Tass news agency,

“The launch of short-range missiles by the Korean People’s Democratic Republic causes bewilderment,”

“It was not the most suitable time to do this now, when all efforts are made to restart six-way talks on Korea’s nuclear problem.”

At this time no comment has been made by any officials linked with the Northern regime.  Such an act of provocation will surely increase the tightening sanctions placed by the United Nations following a previous underground test performed in May.

Joyce’s Resignation Raises Same Old Question

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courtesy of independent.co.uk

by Sian Lower

In September Falkirk MP Eric Joyce issued his letter of resignation as Parliamentary Private Secretary to the Defence Secretary, stating that Britain is ” punching above it’s weight” with regard to the war in Afghanistan, and Gordon Brown needs to do more for the soldiers and their families, including more funding for kits. Now the question is raised again – why are the soldiers still there?

Joyce,48, is a former Army Major and had been involved in politics since becoming MP for Falkirk in 2000 by by-election. He has always taken a firm viewpoint on the subject of Afghanistan and now believes the Government need to change their attitude to the situation. In his resignation letter he stated:” I do not think that the public will accept for much longer that our losses can be justified by simply referring to the risk of greater terrorism on our streets”. When questioned further on the subject, he said,

“Britain is very highly committed in Afghanistan, much more so than European allies.  That’s not a criticism of them, I think they have their ears very close to the gound when it comes to their respective public’s opinion, but it does suggest we need to look at what that means in the context of keeping UK streets safe from international terrorism.  My own view is that UK public opinion is prepared to support present, or even slightly higher levels of commitment, but only if they have a clear sense of an end-game – that means, I think, substantial withdrawal well before the end of the next government’s term.  The present election results in Afghanistan look like being the subject of manipulation by not only the Afgh govt, but also potentially the UN itself.  Over the next couple of days, the result will be announced and will give president karzai 50.4% of a vote in which at least 10% was fraudulent.  If we sweep this under the carpet, many will accuse the allies of propping up a crook and there is a risk that the UK public will increasingly withdraw their support from the Afgh operation.  We should therefore insist on another round, or a full new election next year.”

Joyce also wrote that British allies are not pulling their weight and many people are losing sight of what the point of the war is and as such are turning against it, ” We do punch a long way above our weight, many of our allies do far too little…it should be possible now to reduce our forces there (Afghanistan) substantially”.

2009_0427_AP_Gordon_Brown

courtesy of wowowow.com

50 British soldiers were killed in Afghanistan over the summer, clocking the total British body-count at 212 since 2001. Gordon Brown hit back after Joyce’s resignation letter was published, insisting, ” The UK’s aims in Afghanistan are realistic and achievable… it remains my judgement that a safer Britain requires a safer Afghanistan”.

There are currently more than 9000 UK troops in Afghanistan. Brown claims that that military spending has increased from £180,000 per year in 2006, to £390,000 for each soldier in 2009. Yet Joyce still believes the entire task is under-resourced , and said, ” It’s all about securing people in the UK, but also important that lots of other countries just as big as Britain  don’t contribute the way we do… America are so vast they could do the job themselves”.

Yet Brown is convinced he is doing the right thing, ” We are taking the right action, the action that us necessary, to safeguard both our country and promote security in the world”.

Liberal Democrat leader Nick Clegg agrees with Joyce, ” Joyce confirms what I have been saying for along time, our approach in Afghanistan is over-ambitious and under-resourced”.

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