Australia’s government briefed independent lawmakers on a planned national broadband network that will supplant services provided by Telstra Corp. to help win support for the A$43 billion ($42.7 billion) project.
In January 2010, four months before then Prime Minister Gordon Brown’s election defeat, Kraft Foods Group Inc.’s takeover of candy maker Cadbury Plc was used by the Conservative opposition to portray a government that was out of touch with the British people.
A mining magnate, WikiLeaks founder Julian Assange, and a former sex worker are among those whose candidates for Australia’s Senate stand to determine whether Kevin Rudd or Tony Abbott can enact their election pledges.
Australian Prime Minister Julia Gillard released confidential details on the government’s planned high-speed Internet plan to try to gain support for a related law to split Telstra Corp. ’s businesses.
A Labour government would tax U.K. homes valued at over 2 million pounds ($3.1 million) to pay for a new 10 percent income-tax band for low earners, the opposition party’s leader, Ed Miliband, announced today.
Chancellor of the Exchequer George Osborne said he’ll push Britain’s biggest banks to follow state- controlled Royal Bank of Scotland Group Plc in awarding lower bonuses in 2011 and left open the possibility of further action.