Former six city money brokers, who were accused of helping jailed banker Tom Hayes, were recently cleared of the Libor rigging scandal. They said they were made scapegoats for people who are senior to them.
David Cameron’s proposed housing and planning bill is bombarded by criticisms from the Local Government Association (LGA), warning that it will lead to the loss of 88,000 council homes in England by 2020. It will also make people spend a collected £210 million to live in more expensive rental sectors.
Justice Secretary Michael Gove scrapped major cuts to England’s criminal legal aid system, which was previously initiated by his predecessor Chris Grayling.
CIBC World Markets reported that legalizing marijuana in Canada could rake up an annual tax income of Can$5 billion (US$3.6 billion). Based on the experience of Colorado, legalizing marijuana could be a $10 billion industry in the nation.
