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.
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 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.
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.