TfL ask for more time to look at “very complex” Whitehall funding arrangement July 27, 2022 TRANSPORT for London chiefs have asked for more time to look at the detail of a long-term funding deal from central government. Late last Friday evening the Department for Transport sent the body a proposal which would bring to an end a series of temporary bailouts and fraught negotiations, but TfL commissioner Andy Byford yesterday [...]
European gas prices close in on record highs as Russia cuts flows into Nord Stream pipeline July 27, 2022 European gas prices are closing in on record highs, after Russia followed through on its threat to further cut gas supplies into the troubled continent.
Former Everton FC director among new Russian sanctions: Officials with ties to ‘republics’ of Donetsk and Luhansk targeted July 27, 2022 A former director of Everton FC is among new UK sanctions on Russian officials, as the foreign office targets officials with links to the puppet administrations of the ‘Donetsk and Luhansk People’s Republics’ . Among those hit are Vitaly Khotsenko and Vladislav Kuznetsov, the Russian-imposed leaders of the so-called republics, in addition to Sanjar Ismailov, nephew of [...]
Rishi Sunak under fire for ‘flip-flopping’ on tax after promising to cut VAT on energy bills July 27, 2022 Tory leadership hopeful Rishi Sunak has been accused of “flip-flopping” on tax after pledging to cut VAT on energy bills and interrupting his rival Liz Truss in two debates in recent days. It came after the Tory leadership hopeful unveiled plans to remove VAT from domestic energy bills for a year if the price cap [...]
TalkTV Tory leadership debate halted after ‘medical issue’ July 26, 2022 Tonight’s TalkTV/The Sun debate between Rishi Sunak and Liz Truss finished prematurely, after the moderator fainted on stage. A NewsUK spokesperson said Kate McCann, political editor at TalkTV, was fine but that it was decided the debate should not continue. A loud crash was heard about 30 minutes into the debate and a visibly shaken [...]
Volodymyr Zelensky pays tribute to Boris Johnson as he receives Churchill Award July 26, 2022 Volodymyr Zelensky has praised Boris Johnson’s role in helping Ukraine in its war against Russia as he received a Sir Winston Churchill Leadership Award in a Downing Street ceremony. Zelensky said that Ukraine was “not left alone” when Russia invaded its neighbour on 24 February and told Johnson that “this award is yours as well”. [...]
UK sinks to bottom of G7 growth league amid global economic downturn July 26, 2022 The global economy could be hurtling toward one of the sharpest slowdowns in recent memory, with the UK plummeting to the bottom of the G7 growth league, the International Monetary Fund (IMF) warned today. A full shut off of Russian gas flows to Europe and more upside inflation shocks would plunge growth into among the [...]
Tory leadership debate: Members back Truss over Sunak in latest poll July 26, 2022 A new poll of Tory party members has found a majority believe Liz Truss convincingly beat Sunak in last night’s BBC debate in another setback for the ex-chancellor’s chances of becoming Prime Minister. A YouGov poll today found 50 per cent of members thought Truss won and 39 per cent though Sunak won the fiery [...]
City grandee says Boris Johnson told him he wants to stay as PM July 26, 2022 Boris Johnson told a City grandee and Tory peer that he wants to stay on as Prime Minister and does not want to resign. Lord Peter Cruddas, who is a major Conservative donor, is running a “bring back Boris” campaign to keep Johnson in Number 10 through a vote of Tory grassroots members. Cruddas told [...]
Rishi Sunak vs Liz Truss: Last night’s Tory leadership debate fact-checked July 26, 2022 Last night Tory leadership hopefuls Rishi Sunak, a former chancellor, and Liz Truss, the current foreign secretary, went head to head in a live TV debate on the BBC. Following the debate, City PM caught up with Will Moy, chief executive of Full Fact, to fact check the various statements that were made during the [...]
