Security Firm Lands MoD Job Three months After John Reid Joins as a Consultant 'Former Defence Secretary John Reid faced fierce criticism yesterday as it emerged the world's largest security firm had won a huge contract from the Ministry of Defence weeks after taking him on as a consultant. Mr Reid - who ran the MoD until May 2006 before resigning from the Cabinet while Home Secretary in June 2007 - was hired by G4S three months ago for 50,000 pounds a year to offer 'strategic advice'. This week, it was awarded a four-year contract to supply private security guards for around 200 MoD and military sites across Britain in a deal thought to be worth tens of millions of pounds.' Bailout Money is Flowing Abroad 'Much of the new money the Bank of England has "printed" to stimulate the UK economy is ending up abroad where it will be of no benefit to UK households and businesses, according to an analysis of the Bank's "quantitative easing" programme.'Saturday, 14 March 2009
Saturday, 14 March 2009
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