ToryDiary: Tebbit wants Brighton bombing inquiry
Lucy Parsons of Reform on ThinkTankCentral: The Coalition is planning to raise harmful taxes in order to cut poorly-targeted taxes
Dominic Raab MP on Platform attacks President Obama for taking Britain for granted and calls on David Cameron to pursue other relationships as part of a truly global foreign policy
WATCH: Barack Obama gives TV address to America over BP oil spill
Local government:
- Boris makes his pitch for more powers
- Standards Board still engaging in some last minute ambulance chasing
- Grant Shapps promises accurate count of rough sleepers
Bank tax may be bigger because of pressure on Osborne for modest changes to CGT
"George Osborne will use the chancellor’s annual Mansion House speech to warn big banks that they will have to pay for the damage they inflicted on the British economy and could be broken up. Mr Osborne will confirm his plans to introduce a bank levy and faces pressure from his Liberal Democrat partners in the coalition to raise a substantial amount from the tax in next week’s Budget... When in opposition, Mr Osborne said the levy would raise more than £1bn but if they imposed a tax similar to the one in the US it would raise about £5bn. Mr Cable proposed a levy of £2bn rising to about £3bn." - FT
Allister Heath of City AM on the Chancellor's task: "He needs to convey a positive, pro-growth, pro-enterprise message: he claims that Britain is once again open to business – yet his flagship proposal this evening will be yet another tax, to be followed next week by an even more damaging announcement on capital gains."
George Osborne to outline plans to restore Bank of England as chief regulator"George Osborne will use his first Mansion House speech as Chancellor tonight to outline the new regulatory framework for the City of London. The Chancellor — who is to address Britain’s leading bankers, brokers and insurers — will outline how the Government intends to restore the Bank of England’s role as chief City regulator." - Times (£)
Philip Hammond ready to exempt Crossrail from budget cuts - Times (£)
Tesco has warned against raising VAT, saying it would damage the "fragile" economy - Telegraph
The largest public sector workers' union is calling on its 1.3m members to join resistance to government cuts - BBC
Lord Baker ready to turn failing schools into a new generation of City Technology Colleges"Plans to take over 20 failing schools and turn them into new technology colleges for 14 to 19-year-olds were unveiled by the former Education Secretary Kenneth Baker yesterday." - Independent
Sir George Young celebrates Coalition's establishment of backbench business committee "Yesterday, however, the government made good its commitment in the coalition agreement to bring forward the establishment of a backbench business committee, which will give backbenchers the time and the power to schedule debates on the issues that matter to them and their constituents. As the Wright report said, the new committee "will create new opportunities for all members, giving them a greater sense of ownership and responsibility for what goes on in their own house"." - Sir George Young in The Guardian
John Redwood welcomes the reforms to the Commons: Sometimes things DO get better
Lynne Featherstone undermines vetting message of her boss, Theresa May - Daily Mail
Plans to give rape defendants anonymity in chaos after Ken Clarke offers MPs free vote - Daily Mail
Lord Young should examine Britain's crazy compensation culture - Ann Widdecombe in The Express
BNP leader invited to Buckingham Palace garden party"Nick Griffin, the leader of the British National Party, has secured an invitation to a garden party at Buckingham Palace. The far-right politician intends to take three members of his family to the event on 22 July in his capacity as an MEP for the North West. Last year Mr Griffin withdrew from a similar event because he said he did not want to embarrass the Queen." - Independent
Bournemouth Tory councillor under pressure to resign after sending 'racist' jokes by text - ThisIsDorset
Miliband brothers clash over Iraq war during Newsnight election hustings "Ed Miliband told the studio audience of lost Labour voters at BBC2's Newsnight hustings that the broader lesson he drew from Iraq was that war should always be the last resort, to which his brother David Miliband, the shadow foreign secretary, said: "The idea that anyone on this panel doesn't think that war is the last resort doesn't do justice the substance of this issue."" - Guardian
MPs' expenses watchdog agrees to be more flexible - BBC
Rightwing living legends are thin on the ground, and their shared gender makes the Palin-Thatcher meeting a marketing dream - Martin Kettle in The Guardian
And finally... Cameron is the seventh best celebrity dad in Britain...The Prime Minister is one ahead of Johnny Depp and one behind Chris Martin - Mother & Baby magazine
Parliament: Alok Sharma explores the challenges and opportunities presented to Britain by emerging economies such as India in his maiden speech
David Cameron tells the Commons that the killings on Bloody Sunday were "unjustifiable"
Gazette: Martin Davies, leader of the Conservatives on Camden Council, has died
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