Vultures, Vultures Everywhere!
By Emma.
So it seems a Tory MP is trying to scupper one of the most important Private Member’s Bills I’ve seen for a long time.
Andrew Gwynne’s Vulture Fund Bill would make a massive difference to developing countries. It’s a vital part of dealing with the debt crisis of the developing world. But Philip Davies has added an amendment to protect rich vulture fund managers from retrospective action, threatening to derail the bill altogether.
The Tories claim he’s acting on his own initiative, but it shows a distinct lack of concern that the leadership haven’t reigned him in. Given that International Development is so important to the Tories they have decided DFID and Health are the only departments whose budgets will not be cut,I thought this was a priority area for them, but clearly not priority enough to actually take any real action.
I was going to post on Clegg and Thatcher, but there’s a longer post in me about the Lib Dems bursting to get out and I have to get to Westminster for drinks.
P.S. Bonus points to anyone who spots the reference in the title.
Tags: Andrew Gwynne, international development, Philip Davies, tories, Vulture funds
