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Osborne: We want to give people a stake in economy

Chancellor George Osborne says the Tories want to give more people "a stake" in the economy, as David Cameron prepares to unveil plans to offer up to £4 billion in cut-price Lloyds shares to small investors.

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David Cameron: 'Another step in repairing our banks'

David Cameron has hailed the Conservatives' pledge to offer cut-price shares in Lloyds as another step towards "repairing our banks".

David Cameron has warned voters not to put the recovery at risk by voting Labour. Credit: PA Wire

The Prime Minister is expected to say today: "The £20 billion bailout of Lloyds bank by the last Labour government became a symbol of the crisis that engulfed the British economy under Labour.

"After the public bailed it out, people feared they wouldn't see their money returned. Today they are."

"Today's announcement marks another step in the long journey we have been making repairing our banks, turning our economy around and reducing our national debt, only made possible by our long-term economic plan.

Mr Cameron again issued a call to voters not to "put all that progress at risk" by voting Labour, urging Britons to choose the Tories for a "brighter, more secure future".

Ed Miliband appeals to 'centre ground' Tories

The Labour leader Ed Miliband has made an appeal to Tories claiming he represents the "centre ground" of politics.

Labour leader Ed Miliband. Credit: PA

I want to reach out to Tory voters, to Liberal Democrat voters, to Ukip voters, to non-voters… to people who feel that David Cameron can’t answer the challenge of our time, who worry about our place in the European Union, who really think to themselves, ‘we can do a lot better as a country’.

Who is going to stand up to tax avoidance? Who is going to stand up to energy companies? Who is going to stand up to banks? That is absolutely something I think will appeal to Tory voters.

– Ed Miliband

In an interview the the Observer, he said: “I am a politician of the left, but I am positioned where the mainstream of politics is positioned. I am on the centre ground of politics."

  1. London

Boy, 16, among victims of fatal motorcycle collision

A teenager on the back of a motorcycle has died alongside the rider after a fatal collision with a pedestrian.

A 20-year-old man and 16-year-old boy were pronounced dead at the scene at Woodford Avenue, Ilford in north-east London at 5.30pm on Saturday evening.

The male pedestrian is in a serious but non life-threatening condition in hospital.

The Metropolitan Police said: "Next of kin have been informed. Post-mortem examinations and formal identification will take place in due course."

The force also issued an appeal for witnesses.

A fine dry start with sunny spells reaching a high of 15C

It is a fine and dry start across many parts of the UK, with the best of the bright and sunny spells across western areas.

A fine dry start with sunny spells reaching a high of 15C. Credit: Met Office.

As the day progresses, cloud across eastern parts will slowly spread westwards, though some breaks in the cloud will develop. There may also be a few spots of rain possible at times under the thickest cloud. Maximum temperatures will be around average for the time of year, though above average across western Scotland with highs reaching 15C (59F).

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Missing kayaker: Coastguard launch urgent search

An urgent search operation has been launched to find a kayaker who has gone missing off the coast of Southampton.

The kayaker went missing yesterday. Credit: Google Maps

The kayaker left from Hill Head in Fareham, Hampshire at around 11.30 am on Saturday and did not return.

The Coastguard helicopter and lifeboats are involved in the search.

“We are searching for a kayaker who was expected home last night," Ash Rawson, controller at the National Maritime Operations Centre in Fareham, said.

"A vessel has been in contact with us to report a possible sighting and we are following up on this report as well as continuing our in-depth search of the area with multiple agencies.”

Tesco boss warns of business exit if Britain leaves EU

Tesco chairman John Allan said the Tories should have lobbied for reforms first. Credit: PA

Tesco's chairman has warned major businesses could move their headquarters out of London if Britain leaves the EU, in an apparent swipe at the Tory pledge to hold a referendum on the issue.

John Allan, who joined the supermarket giant last month,claimed big companies could move their head offices from London to other sites in Europe "relatively painlessly".

He said the idea that a referendum will be held in 2017 if a Conservative government comes to power next month could have a real impact on people's investment decisions.

E-waste warning after items fail to be properly recycled

E-waste produce toxins which damage the ozone layer. Credit: PA

Less than a sixth of the tens of millions of tonnes of electronic and electrical waste generated across the world last year was properly recycled, reused or treated, a study has found.

There was 41.8 million tonnes of "e-waste", ranging from washing machines to mobile phones in 2014 - containing an estimated £35 billion in resources such as gold, silver and copper, as well as toxins including ozone layer-depleting gases and mercury.

But just 6.5 million tonnes was sent to proper recycling, reuse or treatment systems, the Global E-Waste Monitor compiled by the United Nations University (UNU) think tank found.

While the US and China produced the most electronic and electrical waste overall, contributing 32% of the total, the UK was one of the biggest producers of e-waste per person - coming fifth behind Norway, Switzerland, Iceland and Denmark.

Items included washing machines, vacuum cleaners, electric shavers and video cameras as well as mobile phones and computers.

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