Claims of murky corporate manoeuvring at bankrupt courier City Link grew yesterday as its owners were accused of asset-stripping and cash grabs while thousands lose their jobs.
Business Secretary Vince Cable faced union calls for a “forensic investigation” into the collapse of the company, whose tax-dodging parent Better Capital (BC) stunned workers by announcing they were out of a job on Christmas Day.
Taxpayers are now likely to foot the redundancy bill for up to 2,700 former staff who face P45s by New Year’s Day.
Martin Taylor, the hedge-fund multimillionaire who has poured millions into pushing Labour rightwards, helped finance Lucy Powell’s supposedly dissenting campaign — suggesting her victory was not the ‘soft-left’ rebellion some have claimed, says SOLOMON HUGHES
JOE GILL appreciates a lucid demonstration of how capital today is an outgrowth of the colonial economy


