Tory leadership race: UK retail titan Lord Stuart Rose backs Rishi Sunak July 14, 2022 The Conservative party should choose Rishi Sunak as its next leader as he has a “big brain” and understands “the need for us to get our economy back on track”, according to Asda chair Lord Stuart Rose. Rose – who was previously chief executive at Argos, Marks & Spencer and the Arcadia Group – said [...]
Tory leadership contest: Mordaunt faces rival attacks as Truss battles to keep pace July 14, 2022 New Tory leadership favourite Penny Mordaunt has faced increased attacks by opposition camps this morning as foreign secretary Liz Truss battles to keep pace in the contest. Former senior minister Lord David Frost this morning said Mordaunt was not up to the job of Prime Minister, while also revealing that he asked Boris Johnson last [...]
Tory leadership: Poll says Sunak at just 28 per cent among members as Mordaunt’s support surges July 14, 2022 The six remaining Tory leadership hopefuls are preparing for the final sages of the contest with the results of the second ballot at 3pm today. Three clear frontrunners have emerged after the first round, with Rishi Sunak receiving 88, Penny Mordaunt on 67 and Liz Truss on 50. This comes amid disastrous polling from YouGuv [...]
Brits to receive first cost of living payments from government starting today July 14, 2022 Eight million Brits will begin receiving payments to help with the cost of living crisis on Thursday.. Direct payments will be automatically made into recipients’ bank, building society or credit union account, for low-income households on means-tested benefits. The first payment, referred to as the DWP Cost of Living payment, will consist of £326 and [...]
Mixed reviews: Government puts brakes on Online Safety Bill as parliamentary schedule squeezed July 14, 2022 The government have delayed the remaining stages of the Online Safety Bill after the turbulence at Number 10 has squeezed parliamentary calendars.
EU prepares to cut down gas demand ahead of cold winter months amid Russian disruption July 14, 2022 The EU will encourage member states to cut down the continent's gas demand by incentivising industries to use less energy.
Boris Johnson’s business adviser to take lobbying job at Teneo July 13, 2022 Boris Johnson’s business adviser has accepted a job at lobbying giant Teneo, less than a week after the Prime Minister announced he would resign. Alex Hickman will lead the multinational firm’s UK government affairs team, according to Sky News, and he will advise major corporate clients on the latest policy developments in Westminster. However, current [...]
Exclusive: Tory leadership hopefuls’ income tax cut pledges will not support poorest July 13, 2022 Tory leadership hopefuls’ promises to bring forward the planned income tax cut will not help “those in real financial need”. That’s according to Tim Sarson, head of tax policy at KPMG UK, who shared his thoughts exclusively with City PM on what the eventual winner of the contest and the long-term chancellor need to prioritise. [...]
Tory leadership: Zahawi and Hunt knocked out after first vote July 13, 2022 Nadhim Zahawi and Jeremy Hunt have been knocked out of the Tory party leadership race in the first round, with Rishi Sunak attracting the most votes from his fellow Conservative MPs. Sunak got 88 votes, with Penny Mordaunt second on 67, Liz Truss in third on 50 and Kemi Badenoch fourth on 40. Zahawi and [...]
Absurd rush through Tory contest is robbing the party of a battle of ideas July 13, 2022 The images of the farthest reaches of the cosmos beamed back to Earth from the James Webb telescope invite all of us to consider the great unknown. The mysteries of the universe – from the Big Bang to whether there really is intelligent life out there – are all in those images. Closer to home, [...]