Here We Yeo Again

Tim Yeo is Chairman of Univent plc, on the board of Eurotunnel and the non-executive chairman of both Eco City Vehicles plc and AFC Energy plc. In his spare time he is an MP.

Yeo came to Guido’s attention back in Feburary when the Parliamentary Room Bookings records were released showing how green-fingered Tim had opened up the parliamentary estate to prospective investors in green technology firms. You may remember what happened when he was confronted about his mixing of politics and business live on Newsnight:

MPs are electing the Chairman of Select Committees for the first time. These vital scrutineers must hold ministers to account. Guess who is front-runner to take Energy and Climate Change? Step forward Tim Yeo.

Yeo’s dealings with AFC Energy are particularly interesting. As Guido reported before;

At the time AFC Energy plc were raising £2 million from  environmental investors, and for each of the following five months AFC Energy paid Tim Yeo £3,750 a month (up to a total of £18,750) until in December when they succeeded in raising the £2m they were seeking from environmental investors in a share placing.  Tim also got a bonus when the shares were placed with investors of 150,000 shares for his work.  All in all he made a total of some £80,000 out of the AFC deal from July when he hosted the Environmental Investment Network event until December when they sold the shares to investors.

MPs look set to elect a man completely tied up with an industry that he would be responsible for the checks and balances on. He would need cross party support to get the job. Perhaps members might like to take another look at their favoured candidate.

Troughs for All

It’s not just MPs who can get a bit of taxpayer cash you know. It seems two of the nations least-liked professions have joined forces. Estate agents Winkworth have been flyering exclusive homes in Pimlico, Belgravia and Westminster with their “Rent your home to an MP” plan. Guido is still trying to find out which exact MPs it is they are working with but their desire for only “exclusive” homes says it all.

Sadly for those looking for a new lover, you have to move out before the esteemed member moves in.

Statporn for May : 3.3 Million Hits

Forgot  to do the blog stats yesterday: 252,862 visitors made 1,313,840 visits to the blog viewing 2,218,210 pages, add in 1,147,291 views via feed readers and you have over 3.3 million hits on the blog you love and politicians hate.  Many thanks to the advertisers who make it all possible.

For comparison the blog traffic is neck and neck with the Speccie’s web traffic and double what the New Statesman gets.  The most popular stories last month were:

Guido also wants to say a long overdue thanks to Juliet Samuel who started out as an intern last summer, became a Guy News staffer and “famous for Westminster” as Emily Nomates; the presenter, producer, script writer and editor of Guy News. Juliet has now been poached by City A.M. editor Allister Heath to write for them.

Guido’s loss is his gain…

Japanese PM Resigns to Save Party at Polls

In an effort to shore up the ruling Democratic Party’s faltering fortunes in an election next month, Prime Minister Yukio Hatoyama has resigned under pressure from his party telling them “In order to revitalise our party, we need to bring back a thoroughly clean Democratic Party.”

There are parallels, Hatoyama – nicknamed “The Alien” for his quirky comments – has a reputation for indecision and broken promises to match our former PM. Many on the oppostion benches will be thinking that if only Gordon Brown had been as honourable as the Japanese PM, the Labour Party might still be in government.

Will Hutton’s High Pay Hypocrisy

Miserably left-wing Will Hutton was chosen last week by the government to conduct a review into excessive pay. Fair play you may think for the former Observer editor who has consistently argued that the government should tack to the left, but as is so often the way with the Guardian reading metropolitian elite, he doesn’t quite practice what he preaches. Although unpaid for his new government advisory role, Hutton still writes for the Observer and Guardian. He is also on the exec  of The Work Foundation

Though consistently talking about best financial practice his own charitable think-tank’s accounts are some 32 days late. But don’t mind that, the old accounts revealed far greater hypocrisy. Look at the staff pay table. As head honcho and mouth of the organisation you know which end of that list Hutton is on.

If he wants to see fairer pay will he be giving up the £180,000-a-year he takes home from the charity?

Whodunnit?

Speculation is rife about who stuck the knife into David Laws and told Holly Watt at The Telegraph that she might want to go back and take a look at their well guarded, unredacted, expenses files. There was a desire to out Laws officially from the moment he stepped into the Treasury, but who could have been so angry with his hurtling rise to village-fame?

Obvious suspect number one would have to be the man fleeing the scene of a crime. Liam Byrne was humiliated and has left his recovering party wide open to attack with his infamous “there’s no money left” note that Laws revealed so publicly. Baldemort doesn’t look like a man who would let things go lightly…

Some eyebrows were raised at Alastair Campbell over the weekend after he appeared on Question Time slamming Laws on Thursday and even produced a framed photograph of the former Treasury Chief. Vendettas are his forté, but would he or Byrne have had the knowledge of Lundie? That vital clue points towards a Brutus-style stab in the back….

As Guido’s old chum David Aaronvitch said, Vince Cable has spent the last three weeks looking “like a bulldog sipping piss from a nettle.” He  has got the raw end of the cuts and his economic reputation was decimated by Laws. Clearly he isn’t a happy bunny and as Guido wrote last week, he stood down as Deputy Leader in a simple manoeuvre to have the left-winger Simon Hughes elevated, reminding Clegg of the more lunatic elements of his party. In collusion with Hughes, Vince is clearly up for causing trouble. A former Deputy Leader and a former President of the Liberal Democrats would be privy to vital information about their MPs. Like rumours of boyfriends for example.

David Laws’s right-wingery drives the left of his party round the bend. When he became the darling of Westminster, applauded on both sides of the House for his deft Commons performances, he would have given many of them the needle. The culprit could be the one who would have not only the spite but the knowledge too. Either that or it was some young upstart at Edelman who wanted to make a quick buck.

Or perhaps Holly cross-checked the expenses claims against records for the address, noted that the landlord lived at the address and was a good looking young man which in view of the rumours… You know, good old fashioned research?

Ed Balls Campaign Diary*

I’m still chuckling about those lines we put in Yvette’s article about why she “chose” not to stand. “We share stuff – including taking the kids to school. And he does all the cooking, shopping and sorting out the daily chaos of the house.” Gah. Despite her nagging, sometimes that girl can pull it off when she has to. Brilliant stuff. No mention of the nanny.

Nicola said we had to have a weekend like “normal people“. Most people I know wouldn’t consider a weekend in a caravan in the Lake District “normal”. It pissed down with rain and all I had was Eurovision to fill in the gaps between my anti-blinking exercises. Managed to read some of Campbell’s new diaries though, can’t believe that tosser had the audacity to suggest I “drivelled on endlessly“. What a bloody cheek? Drivel on endlessly? He should take a cold hard look at his last novel.

Campbell’s dig was no accident of timing, the continuity-Blarites are really getting on my nerves. Circling  like flies around the Miliband turd, everyone knows that the only “community organising” James Purnell is doing is as the covert campaign manager for David.  Purnell’s fluffer Sophie Sutcliffe is even on the staff. Seems I’m not the only one who has to rely on former MPs to be their campaign manager.

Beginning to miss the ministerial flunkies, had a bit of an embarrassment getting lost before an interview.

I’m safely nominated unlike that little girl Burnham, but the last thing we need is another candidate in the race. Some little freshman newbie has thrown his hat in the ring. I don’t know whether he will get the nominations but this Garner bloke already has a decent website. And videos. And he’s funnier on the Twitter. Where the hell is my website?  Watson promised to get it sorted, now it’s getting embarrassing.

*As leaked to Guido

Musical SpAds

A few re-jigs of the SpAd list after the weekend’s little upsets. With Danny Alexander moving, perhaps temporarily, to the Treasury, MP-turned-Special Advisor Willie Rennie keeps his job now becoming Michael Moore’s bag carrier in the Scotland Office. Alexander’s other SpAd, Alison Suttie, Clegg’s former Deputy Chief of Staff, appears to be out on her ear though as her old boss will no longer have time to mess about with Clegg in the Cabinet Office.

It could all change back though, the bookies reckon there is a 40% chance Laws will be back by Christmas

Don’t All Claim at Once

The IPSA online expenses system has crashed this morning.

All those MPs rushing to claim cash…[…]

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Nick’s Three Marriages

Guido’s operatic eyes and ears report that Nick Clegg spent last night’s performance of the Marriage of Figaro at the Royal Opera House seductively charming his wife in Spanish. New politics is clearly alive and well as he found time […]

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Laws Not Above the Law

David Laws may be a great political talent, may be a decent man and may have had his sex life unfairly revealed to the world. Guido doesn’t dispute his merits. Nevertheless, none of this trumps the fact that he took […]

+ READ MORE +

Rich & Mark’s Monday Morning View

[…]

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