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PRIZE MONEY FALLOUT: Swimming SA to pay Tatjana Smith interest, faces scrutiny over Arena contract

PRIZE MONEY FALLOUT: Swimming SA to pay Tatjana Smith interest, faces scrutiny over Arena contract — photograph supplied by Daily Maverick

Image: Daily Maverick

Swimming South Africa has agreed to pay Tatjana Smith the full amount of interest claimed on prize money withheld for more than a year. Separately, her attorney has also launched a complaint with the Information Regulator seeking access to documents relating to the federation’s sponsorship…

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The Guardian view on the Bank of England’s £120bn bill: power without accountability | Editorial (opens on the publisher’s site)

Quantitative tightening has blurred the line between monetary and fiscal policy, leaving ministers accountable for decisions they cannot directly controlWhen Labour made the Bank of England independent in 1997, the idea was that the Bank set interest rates while the Treasury taxed and spent…