Johnson and Sunak to give joint speech on post-Brexit insurance reforms May 31, 2022 Boris Johnson and Rishi Sunak are preparing to give a joint speech on planned post-Brexit reforms to the EU’s Solvency II insurance regulations. The speech will be concentrated around the UK’s opportunities post-Brexit and will come after the government’s plan to scrap a series of EU regulations on the City was announced in the Queen’s [...]
30,000 UK hotel rooms are being requisitioned by Home Office every day to house asylum seekers May 31, 2022 UP to 30,000 hotel rooms across the UK are being requisitioned by the Home Office every day to house asylum seekers waiting for their claims to be processed. A total of 37,000 asylum seekers are currently in hotel accommodation, at a cost to the UK taxpayer of almost £5m a day, according to a GB [...]
Tony Blair: Ditch the expensive ‘raincoats’ and just cut energy bills in half with mandatory green homes May 31, 2022 Free energy plans should be offered to every home in the UK to lower emissions while reducing energy bills before making them mandatory in the mid-2030s, according to a report by the Tony Blair Institute, shared with City PM this morning. The recommendation is one of a number of measures the report says could halve [...]
Boris Johnson’s political life getting more difficult by the hour as letters of no confidence from Tory MPs pile up fast May 31, 2022 Tory whips are said to be discussing how to fight back if rebels trigger an all-important confidence vote as letters of no confidence in prime minister Boris Johnson are piling up fast. A steady stream of Tories have backed a ballot to decide the PM’s future, or called for Mr Johnson to step down, with [...]
Government dinner: Capital’s leaders call for end of “anti-London” rhetoric in keynote speeches May 31, 2022 London’s most high-profile leaders last night called for a reset of relations with central government in speeches at the Mansion House. The City’s elected chief – the Lord Mayor of London Vincent Keavney – told business and political leaders at the London Government Dinner that the words “metropolitan” and “London” have been used “as though [...]
Leaders right to call on government to reset relationship with London May 30, 2022 Londoners are not typically known for their patience, but in truth the leaders of this city have shown a remarkable ability in recent years to bite their tongue amid unprecedented attacks on the capital. That patience appears finally to have worn thin, at least judging from last night’s speeches at the Mansion House from both [...]
Mordaunt: State-level US deals have unlocked talks for federal trade deal with Biden May 30, 2022 The UK’s ambition to sign more than a dozen trade and business agreements with individual US states has helped unlock talks with the White House for a post-Brexit trade deal, trade minister Penny Mordaunt has said. Mordaunt, who is deputy to international trade secretary Anne-Marie Trevelyan, told City PM in a wide-ranging interview that she [...]
MPs wait on influencer pay review following concerns about gaps May 30, 2022 MPs have urged the government to look into pay standards across the influencer marketplace, especially following evidence of racial pay gaps of TikTok and Instagram stars.
Former Tory attorney general calls for Johnson to resign over Gray report May 30, 2022 A former Conservative attorney-general has called for Boris Johnson to resign over the findings of Sue Gray’s report into the partygate scandal. The Kenilworth and Southam MP, who served as the government’s chief legal adviser under David Cameron and Theresa May, today said Downing Street’s pattern of brazen Covid rule breaking has “done real and [...]
City Lord Mayor says ‘the word London shouldn’t be an insult’ May 30, 2022 The words “metropolitan and London” should not be used as an insult and the capital needs to share in the government’s levelling up programme, according to London Lord Mayor Vincent Keaveny. Keaveny will tonight tell the annual London government dinner at Mansion House that “London is one of the UK’s strongest assets – anything which [...]
