Magazine article Public Finance

News: In Brief

Magazine article Public Finance

News: In Brief

Article excerpt

* Conservative Party members have turned down leader Michael Howard's proposals to give MPs the main say in choosing his successor. Only 61% voted in favour of the changes, short of the required two-thirds majority. The party's $300,000 members will now choose between two candidates.

* Junk foods are to be banned from schools in England, Education secretary Ruth Kelly has announced. The government's School Meals Review Panel, due to meet for the first time next week, will give details of the nutritional standards required for school meals.

* Economic growth in Britain is at its lowest since 1993, new figures have shown. The Office for National Statistics reported that in the three months to June, GDP grew by 0.5%, equivalent to an annual rate of 1.5%. Chancellor Gordon Brown has admitted that growth is unlikely to reach his forecast of 3%-3.5% this year. …

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