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Ex-Ukip MEP Bloom says party must fight excessive regulation

Former Ukip MEP and financial services spokesman Godfrey Bloom says the party should be doing more to highlight excessive regulation in financial services.

Bloom, who resigned the whip 12 months ago after controversy at Ukip’s conference last year, says the party is not radical enough.

He says his “days were numbered” because he was too libertarian and Ukip is now more interested in what it “can sell on the doorstep” instead of what it believes.

He says: “I was the only person in Ukip capable of explaining the case against over financial regulation. We now have Douglas Carswell [the Conservative MP who defected to Ukip last month] but he will be gagged. I was told to stop writing articles because my policies were too radical.

“Ukip are not doing enough on highlighting over-regulation. I led the campaign not to be regulated by Brussels and only Ukip led that but we weren’t saying we need to have the same regulation in London. But now Ukip seems to say ‘we don’t mind it being incompetent as long as it’s incompetent in London’, which I don’t think is particularly satisfactory.”



PFS appoints new president

The Personal Finance Society has appointed Chadney Bulgin joint managing partner David Thomas as its new president. Thomas takes over from David Ingram, partner at consultancy Aim Two Three, for 2014/15. Thomas has been a member of the Chartered Insurance Institute for 20 years and a member of the PFS board since 2011. He has […]

CML - 700

CML figures show gross lending shot up 13% to £18.6bn in August

Gross lending shot up 13 per cent year-on-year in August, according to figures published last week by the Council of Mortgage Lenders. Lenders advanced £18.6bn in August, up from £16.4bn in the same month last year. On a monthly basis, lending was down 5 per cent from the £19.7bn lent in July. While lending was […]


Asking prices shrug off the summer lull

The housing market is kicking back into gear after the summer lull with asking prices up 0.9 per cent in September, according to online estate agent Rightmove. According to the agent, asking prices averaged £264,875 at the start of September, up from £262,401 a month earlier. On an annual basis, asking prices were up 7.9 […]


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