‘Stop Sunak’: Downing Street denies running smear campaign despite fierce attacks from Boris Johnson allies July 13, 2022 Downing Street this afternoon denied running an anti-Rishi Sunak smear campaign as Boris Johnson’s allies singled out the former chancellor for criticism in an increasingly bitter leadership contest. The caretaker Prime Minister’s press secretary insisted on Wednesday that Johnson is “staying neutral” despite his remaining loyalists throwing their support behind Liz Truss. Sunak, who currently [...]
Exclusive: Labour eyes up reform to ‘prescriptive’ EU finance rules July 13, 2022 Shadow city minister Tulip Siddiq said she would look to overhaul “prescriptive” EU-era regulation in financial services today as the Labour party mounts an offensive to try and win over the City.
UK covid death toll passes grim milestone of 200,000 July 13, 2022 A grim milestone of 200,000 coronavirus-linked deaths has been passed as the UK grapples with a spike of a new variant. Figures released by the Office for National Spastics show that as of last week there was 200,247 fatalities registered in the UK where Covid was referenced on the death certificate. The watershed moment for [...]
Labour ramps up Sunak attacks as Johnson says he leaves ‘with head held high’ July 13, 2022 Labour has ramped up its attacks on Tory leadership frontrunner Rishi Sunak at Prime Minister’s Questions (PMQs) as Boris Johnson declared he would leave Number 10 “with my head held high”. Labour leader Sir Keir Starmer called for the end of non-domiciled tax status – in a likely dig at Sunak’s wife who was a [...]
Economic green shoots to coax Bank of England into steepest rate rise since independence July 13, 2022 Signs of green shoots in the UK economy will encourage the Bank of England to launch the steepest interest rate hike since it was made independent 25 years ago. Stronger than expected growth in May suggests the economy can absorb higher interest rates without falling into recession, known as a “soft-landing,” according to City analysts. [...]
Tory leadership: Mordaunt claims she is candidate ‘Labour fears most’ July 13, 2022 Penny Mordaunt has said she is the Tory leadership candidate that “Labour fears most” as she prepares to face off in the first round of MP votes today. The trade minister said in her official campaign launch today that she gives the Conservative party the “best shot” at winning the next election, while also vowing [...]
Rishi Sunak: I will run the economy like Margaret Thatcher if I am made PM July 13, 2022 Chancellor Rishi Sunak has said he will run the economy like Margaret Thatcher if he gets into Number 10. The former chancellor made his comments with a high-profile interview on Wednesday as he continues his bid to become prime minister, currently viewed as the frontrunner by many. Speaking to the Telegraph, he drew comparisons to [...]
Brexit opportunities minister Jacob Rees-Mogg: I would refuse to serve in ‘socialist’ Rishi Sunak’s cabinet July 13, 2022 Boris Johnson ally Jacob Rees-Mogg has branded Rishi Sunak a ‘socialist’ and refused to serve in his cabinet should he become PM. The Brexit-backing Conservative MP hit out at the former chancellor’s “disloyalty” to the Prime Minister after he resigned last Tuesday. This comes after Rees-Mogg appeared to brand Sunak a socialist for high taxes [...]
Create investment boosting tax system to end economic malaise, CBI chief urges Tory leadership hopefuls July 13, 2022 Creating a tax system that boosts business investment to lift the UK out of its growth malaise is the only way to solve the country’s economic stagnation. That’s according to the chief of the Confederation of British Industry (CBI), the country’s largest business group. In an open letter to Conservative leadership candidates published today, Tony [...]
Government braces to fund ‘substantial’ number of Covid-19 vaccine liabilities July 13, 2022 The government is bracing to fund a “substantial” number of liabilities relating to negative impacts from Covid-19 jabs, having spent more than £34bn on the vaccine rollout so far. The Department of Health and Social Care told vaccine manufacturers at the start of the programme that it would cover future claims against producers for [...]
