Pound surges and UK debt costs tumble on Sunak’s first day as PM October 25, 2022 Rishi Sunak on his first day as prime minister promised “hope” everyday after addressing the UK’s economic challenges, but it already seemed that way for the pound today. Sterling surged as much as 1.8 per cent against the US dollar, pushing it far above the $1.03 record it reached after former PM Liz Truss’s disastrous [...]
Sunak appoints unity Cabinet as Hunt stays and Braverman returns October 25, 2022 Jeremy Hunt will remain as chancellor under Rishi Sunak as the new Prime Minister picked a top team which finely balanced the different wings of the Tory party. Hunt is expected to deliver the planned Halloween fiscal statement next Monday, which is set to include a series of tax hikes and spending cuts. Close Boris [...]
Modi, Biden, Zelensky and Macron lead global congratulations for PM Rishi Sunak October 25, 2022 World leaders including President Joe Biden, India’s Narendra Modi and France’s Emanuel Macron have congratulated Rishi Sunak on his rise to be Prime Minister. Presidents and prime ministers committed to continue working with the new PM to tackle chaos caused by the war in Ukraine. In India, where Sunak’s family originated from, there was elation [...]
Adidas terminates Kanye West’s Yeezy brand over antisemitic comments October 25, 2022 Adidas has terminated a multi-billion pound deal with music superstar Kanye West over antisemitic comments he made. The iconic German sports and fashion brand issued a statement today ending his ‘Yeezy’ brand, after the artist said he couldn’t be dropped. This comes after West, who officially changed his name to ‘Ye’, had his Twitter account [...]
Rishi Sunak: I will fix Truss ‘mistakes’ and win trust of the UK October 25, 2022 The UK’s new Prime Minister Rishi Sunak has vowed to fix the “mistakes” made by Liz Truss and to earn the trust of the British people after the past month of chaos. Sunak said outside Number 10 that the country was “facing a profound economic crisis”, but promised that “we will create a future worthy [...]
Biden marks ‘groundbreaking milestone’ as UK gets first Hindu PM – but calls him ‘Rashid Sanook’ October 25, 2022 President Joe Biden marked the milestone of Britain getting its first Hindu prime minister, but appeared to pronounce his name wrong, as ‘Rashid Sanook’. The 79-year-old congratulated the new resident of Number 10, calling the feat “pretty astounding” during a reception celebration of the Hindu festival Diwali. During his address he called Sunak’s rise to [...]
Ryan Reynolds-owned Wrexham AFC criticises player for boots with ‘f*** the Tories’ on October 25, 2022 One of the oldest football clubs in the world has criticised one of its players for printing football boots with “f*** the Tories” on. Wrexham AFC, which was sensationally bought by US actors Ryan Reynolds and Rob McElhenney, said the boots “will not be worn tonight, or in any other” fixture, after striker Paul Mullin [...]
Sinking fast: Jeremy Hunt to ditch Boris Johnson’s £250m Brexit Britain ship October 25, 2022 A £250m national flagship proposed by former prime minister Boris Johnson while in office will be cancelled by the new chancellor, Jeremy Hunt, according to various news reports. In an upcoming round of deep spending cuts, most likely to be announced next week, Hunt reportedly plans to drop the Ministry of Defence project. So far, [...]
Liz Truss defends tax-cutting agenda as outgoing PM leaves Number 10 October 25, 2022 Liz Truss has said the UK “cannot afford to be a low growth country” and defended her tax-cutting agenda in her final speech outside Number 10. The outgoing Prime Minister said “our country continues to battle through a storm” but that “I believe in Britain, I believe in the British people and I know that [...]
Russian broadcaster suspends presenter over ‘burn and drown’ Ukrainian children remarks October 25, 2022 Russian state broadcaster RT has suspended presenter Anton Krasovsky after he called to burn and drown Ukrainian children. The presenter made his comments on TV causing anger on social media, and leading to an apology. During a discussion with a fiction writer called Sergei Lukyanenko, he said “just drown those children, drown them”. He also [...]
