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Boris Johnson bid for No 10 backed by billionaire who makes money from political volatility

Boris Johnson has had his bid for Number 10 backed by a hedge fund manager who makes money from political volatility, according to recent reports. Billionaire Crispin Odey has told the former Foreign Secretary that he will have his backing to topple Theresa May. Talking to the Mail on Sunday, he said: “I think Boris would be excellent once he became leader. “We all know his weaknesses. But his strengths derive from those weaknesses. He makes quick decisions.” Mr Odey...

Ministers knew their public sector pay cap would push children into poverty

George Osborne extended the pay cap after 2015 despite civil service warning that the policy would ‘have a negative impact on family relationships.’ Conservative Ministers approved extending the public sector pay cap beyond 2015 despite a warning the policy would harm family life and force children into poverty. The previously undisclosed warning is contained in a Ministerial Decision Record obtained by GMB through the Freedom of Information Act. George Osborne announced in July 2015 that the 1 per cent public...

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