Did An Arbitrage Opportunity Expose The Weakness In The London Gold Market? Seeking Alpha Politics
Months-long Guardian investigation exposes weaknesses in code of conduct that could trigger calls for greater reformCalls to toughen Lords rules as it is revealed one in 10 peers are paid for political adviceWhat is the House of Lords and what do peers do?A Guardian investigation into the House of Lords raises questions over the accountability of parliament’s second chamber, with revelations about how a string of peers are benefiting from commercial interests.One in 10 members have been hired to give political or policy advice, according to their own declarations, and others do paid work for companies that could conflict with their role as legislators. The findings expose weaknesses in the Lords code of conduct and raise questions about whether the rules on lobbying and paid employment should be tightened in line with restrictions signed up to by MPs.Nearly 100 members of the Lords are paid to give political or policy advice by commercial firms.A Labour peer offered access to minist... Politics
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2018 Tour de France winner also won two Olympic goldsTour of Britain in September will be Welshman’s last raceThe double Olympic champion and Tour de France winner Geraint Thomas will retire from cycling this year. The 38-year-old announced on Monday morning he will be bringing the curtain down on a successful 19-year professional career, with British Cycling saying September’s Tour of Britain will be his final race.Thomas claimed Olympic team pursuit gold on the track at both Beijing 2008 and London 2012 before going on to win the Tour de France in 2018, becoming the third Briton and only Welshman to win road cycling’s biggest race. Continue reading... Politics
Trump tariffs have JPMorgan flying gold from London to New York—but big banks also find an arbitrage opportunity Fortune Politics
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London gold market queues up to borrow central bank gold after big shipments to US, sources say Reuters UK Economics
