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Tony's troubles with the old guard: New Labour has lost key pro-market champions

Article Abstract:

Prime Minister Tony Blair has lost two key pro-market allies in Geoffrey Robinson and Peter Mandelson, leaving a vacuum within New Labour. Old Labour are hostile to Blair who they believe has wasted the parliamentary majority on maintaining previous Tory government economic tenets. Blair repeated that he would take no risks with the economy, in his election campaign, but New Labour is becoming a one-man show and as Mandelson was an advocate of abandoning the British pound in favour of the euro, it will not be so easy for Blair to take the UK into European single currency.

Author: Piggott, Charles
Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1999
United Kingdom, Political aspects

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Taking credit

Article Abstract:

Helphire is a credit hire company that deals with insurers on behalf of automobile accident victims not at fault. The company was set up in 1992 and has grown rapidly since then. Insurers initally sought to claim this type of service was illegal, and another company, 3 Arrows, won a legal battle against the insurers. Helphire plans to open new branches and is operating in a growth market. The company could achieve a pre-tax profit of some 2.7 million pounds sterling for 1997 to 1998.

Publisher: FT Business
Publication Name: Investors Chronicle
Subject: Business
ISSN: 0261-3115
Year: 1997
Automotive services, not elsewhere classified, Auto Services ex Repair & Wash, All Other Automotive Repair and Maintenance, Management, Automobile services industry, Automotive services industry, Helphire

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