Thought Id start this one going because its rather dead on this board at the moment and I suppose all my usual muckers are either at the Stella tennis event watching Dim Tim (lose again) or at Henly Regatta eating cucumber sandwiches (they wish,...NOT).

Anyway please feel free to just talk to yourself blast away and let it go on any company or subject you wish. Just wish Id thought of this one before.

cheers GF.

From: http://www.ft.com/cms/s/0/89ff6b1e-4204-11e6-b22f-79eb4891c97d.html#ixzz4DZdaWFZ9

July 4, 2016 8:31 pm
Leadsom forced to account for financial history
Martin Arnold, Banking Editor

Andrea Leadsom

Barclays gave Andrea Leadsom her first job. It also had a lasting impact on her politics — though not in a way the British bank might care to remember.

Mrs Leadsom, now a contender to become the next leader of the Conservative party and British prime minister, joined Barclays de Zoete Wedd, as its investment bank was then called, as a debt trader after graduating in political science from Warwick University in 1987.

A decade later she fell out with Bob Diamond after the swashbuckling American financier took charge of Barclays’ investment bank and pressed her to return to work full-time soon after she had given birth. By then a director in its financial institutions group, advising other banks on their finances, Mrs Leadsom left Barclays with a pay-off and went on to invest in buy-to-let properties in Oxford and Surrey.

Some former bosses at Barclays have suggested her recent political statements have exaggerated her roles at the bank. But her clash with the bank seemed to make a big impression: since entering politics she has set up a charity to support families struggling with the arrival of a new child and has campaigned regularly on the issue.

“I know, as a woman, how to succeed in a man’s world and how to fight the unfortunate prejudice that many working mums experience,” she said on Monday at the launch of her leadership campaign.

Back in 2012, Mrs Leadsom seized her chance to speak out against Barclays and Mr Diamond, laying into her former boss when he appeared before her and other MPs during the parliamentary inquiry into the Libor interest rate manipulation scandal.

Shortly before that appearance, Mr Diamond was fired following pressure from the governor of the Bank of England. Mrs Leadsom went on to become Treasury minister a couple of years later.

A senior financier who came across Mrs Leadsom on the parliamentary committee recalls an “obsession” with forcing banks to make their customers’ account numbers as portable as mobile phone numbers.

Despite being told that this would require the unpopular move of abolishing cheques, Mrs Leadsom kept pushing the idea as Treasury minister. “It is a bad omen if she ends up trying to negotiate a trade deal with Angela Merkel,” said the financier.

Mrs Leadsom is having to face questions raised by other events from her early career. Bandal, the company she and her husband Ben set up to invest in buy-to-let properties after she left Barclays, attracted adverse attention when she transferred some of its shares to a trust owned by her children, reportedly to avoid inheritance tax.

Furthermore, Bandal was financed with offshore loans from the Jersey arm of Kleinwort Benson, the private bank. This fuelled further questions over why she had chosen this form of loan, particularly when the Panama Papers scandal was putting the finances of politicians and others under the spotlight.

Using family trusts to avoid inheritance tax is standard practice for higher earners and there is no suggestion that Mrs Leadsom has done anything illegal.

She addressed the issue in her blog after being re-elected as an MP last year, saying: “We set up the company with £100, putting £24 of the shares into an onshore trust as our children were 0, 5 and 7 and therefore legally unable to own shares.”

While shares in Bandal have an accounting value of £1 each, the company has assets worth £1.6m at the end of 2015.

“The purpose was that the whole family would engage in — and learn from — running a small business,” she said, adding that “we had very little capital” and so raised a loan from Kleinwort Benson that was secured against the main family home. “As you may know, there is no tax advantage in borrowing money from offshore.”

Five years after her time as senior investment officer and head of corporate governance at City fund manager Invesco Perpetual from 1999 to 2009 the firm was fined £18.9m for regulatory breaches in a period that included her last year working there. A spokesman said she was not responsible for any wrongdoing.

Critics of her political judgment have also highlighted her links with Peter du Putron, the Guernsey-based hedge fund boss who is her brother-in-law, former employer and financial backer.

After leaving Barclays, Mrs Leadsom joined Mr du Putron’s hedge fund and worked as a managing director at Du Putron Fund Management, which has since been renamed Blue Rock Capital Management, from 1997 to 1999.

Mr du Putron, who is married to Mrs Leadsom’s sister Hayley, is a big donor to the Conservative party, giving it more than £600,000 in recent years.

After Mrs Leadsom was first elected as an MP in 2010, Mr du Putron helped to fund her parliamentary career by donating £70,000 over two years to pay the salary of a project manager and to cover printing costs for a campaign to reform the EU.

“The reason the donation became a ‘story’ is because my brother-in-law’s family come from the Channel Islands and have lived there for centuries,” Mrs Leadsom wrote in her blog. “I would like to reiterate that I have never evaded tax and have always declared all of my income.”

Fred tiresome as ever , you lost ,Corbyn is finished ,all your predictions and ideas are in tatters ,give it a rest Fred.

I wonder if you saw The Blair Rich Project on channel 5 Fred ? didn't paint your hero Tony in a very good light ,running around the world taking money from despots .

Dumbo,

Are you jealous of a successful man?

He is practising good old market principles.

fred blair is a murderer and should be hung

Worse than a gangster ,did you also admire John Gotti , same sort of people.

No,

Is he one of your heroes?

What could possibly go wrong?


http://indy100.independent.co.uk/article/while-the-uk-is-leaving-the-eu-african-countries-are-planning-their-own-union-passport--b1GXFfjrSb?utm_source=indy&utm_medium=top5&utm_campaign=i100

history will say that CAMERON THE COWARD .

WHAT A STICH UP BY THE YANKS CLINTON COULD OF COST HUNDREDS OF LIVES
SHE IS NOT FIT TO BE IN GOV .
A STUPID EVIL BITCH

Tanker Tailor Soldier Spy.....

Leadsom admits ‘misleading’ claims on CV for top job

Andrea Leadsom has no experience as an investment banker despite claims from her backers that she managed billions of pounds’ worth of funds, The Times can reveal.

Mrs Leadsom, who has never held a cabinet role and has only been a minister since April 2014 and an MP since 2010, has placed her experience in the City at the centre of her candidacy to become leader and prime minister.

She has described her 25 years in financial services and running “enormous teams” as evidence of her suitability for the roles. She did not manage any teams large or small.

When she going to get a horses head in the boot of her car then Hays .

Not this week.

Oh it's a slow death then .

http://www.independent.co.uk/news/uk/politics/andrea-leadsom-accused-of-misleading-claims-on-her-cv-a7122296.html

Andrea Leadsom accused of 'misleading' claims on her CV

There are suggestions she may not have actually been an investment banker

Andrea Leadsom does not have claimed experience as an investment banker despite suggestions that she managed billions of pounds, it has been alleged.

An investigation by The Times newspaper says that during her time at Invesco Perpetual Ms Leadsom was only approved by the financial services regulator for three months.

This approval is required for any roles dealing with funds or clients.

One of her supporters, Tory MP Bernard Jenkin, has said she was responsible at one point for “for managing hundreds of people and billions of pounds”.

In the House of Commons she has also spoken of “managing the investment banks team at Barclays”.

But a former colleague, Robert Stephens, told the website Reaction that “she did not manage any teams, large or small, and she certainly did not manage any funds”

Mr Stephens added that Ms Leadsom “had allowed the impression to arise that “she has finance management skills and experience which qualify her for senior posts in government”.

This allegation related to her time at Invesco Perpetual from 1999 to 2009.

It is also alleged by The Times that during her time at De Putron Fund Management Ltd from 1997 to 1999 she was registered as “marketing director” rather than a fund managing role.

A spokesperson for Ms Leadsom said: “It looks as though the issue is that anyone who reads Andrea’s CV and attaches a lot of weight to that particular role may actually be under some slight misapprehension as to what it was she actually did.”

Tory leadership candidate Andrea Leadsom has admitted “misleading” the public about her background in finance.

The Sun

CV PORKIES Candidate for Tory Leadership Andrea Leadsom ‘misled’ public about background in finance

Former colleagues pour cold water on Leadsom's claims to have managed money or people in previous job

Tory leadership candidate Andrea Leadsom has admitted “misleading” the public about her background in finance.

The PM hopeful, who finished behind the front runner Theresa May in the first round of voting by Conservative MPs last night, had previously bragged of her background running “enormous teams” during her life in the City.

The investigation has also revealed that Mrs Leadson has lied about her role in separate investment fund run by her brother-in-law.

Mrs Leadson has previously claimed to have served as De Putron Fund Management’s Managing Director.

But filings at Companies House have revealed that she was actually registered as the firm’s Marketing Director.

What do you expect from a tory PM candidate?

From memory I think IDS had similar problems with his CV.

You ever had a horses head in your boot Freda .