After an extraordinary meeting of the
yesterday, all three opposition parties were calling for the resignation of Lee
Jasper, Mayor Ken Livingstone’s race adviser, over the aide’s involvement in the
London Development Agency
(LDA) funding of 13 suspect projects.
Assembly members questioned Livingstone and senior LDA officials over the
funding scandal at the special session, which uncovered damaging emails showing
Jasper repeatedly pestered LDA to provide more and more funding and prevented it
from acting against one project even when it acted ‘illegally’, the Evening
Contrary to Livingstone’s claim ‘every penny is accounted for’, the emails
also revealed hundreds of thousands of pounds of taxpayers’ money was paid to
projects without any paperwork to show for them; at least £137,000 were paid
without an LDA sign-off; and a £300,000 contract was awarded to one of Jasper’s
friends without the normal tender process or competition.
Assembly members also heard the development agency would be fast-tracking
plans for a more rigorous regime of checks on grant-funded projects following
the accusations against the agency.
"The whole idea of HMRC officials supplying confidential information about individuals to the media on a non-attributable basis is, or should be, a matter of serious concern," say Supreme Court judges
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Baldwins Accountancy Group has continued investment in the north-east and appointed David Fish as a director in its corporate finance team
UK M&A activity bounced back strongly in July and August, according to analysis by the deals practice at PwC.